Taxpayers across Britain face 'ticking time bomb' as council debt soars to record level
Local authority debt across the UK has reached £156.4billion within the last year, new research has revealed. The staggering figure represents a £6billion or 4.1 per cent increase on the previous…
Read the full articleYou might also wanna read
TfL and GLA top UK local authority debt list with combined £20bn borrowing
New analysis from the TaxPayers’ Alliance shows TfL holds almost £14 billion of the record high total £155 billion of local authority debt i
Burnham warned of ‘unsustainable’ debt and government spending in latest OBR report
The UK has experienced one of the largest increases in government debt of any advanced economy over the past 20 years, the OBR said
Councils face half billion budget gap
Councils face half billion budget gap Funding for councils is failing to keep pace with rising costs and demand despite a small real terms i
Council writes off £330k of ‘irrecoverable’ debt
The figure for 2024/25 was nearly £280,000, or 0.27 per cent.
UK energy price cap rises 13% to £1,862 as household debt hits record £4.8bn
Quarterly Ofgem price cap rises to equivalent of £1,862 a year from 1 July amid growing consumer energy debt
theguardian.com·18d agoAndy Burnham Leaves Manchester £1.34 Billion in the Red
Andy Burnham left Greater Manchester £1.34 billion in the red – the highest debt of any combined authority in England, analysis shows. The p
Comments
Sign in to join the conversation.
No comments yet. Be the first.