Bankrupt Woking to get £500m bailout in Surrey council shake-up

‘Unprecedented’ move helps to smooth over creation of two new ‘mega council’ unitary authorities Ministers have agreed to give bankrupt Woking council an “unprecedented” £500m taxpayer bailout under government plans to merge a dozen local authorities in Surrey.In a historic intervention, the communities secretary, Steve Reed, said the government would repay a significant chunk of the debt owed by the former Tory-run local authority. Continue reading...

Več na: https://www.theguardian.com/society/2025/oct/28/bankrupt-woking-to-get-500m-bailout-in-surrey-council-shake-up

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