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England's Local Councils Are Reeling From a Financial Crisis

(Bloomberg) The glitzy Victoria Square development, boasting two skyscrapers and a new Hilton Hotel, was to be a new landmark for the London commuter town of Woking. Instead, it stands as a monument to how financial bets by local councils can go badly wrong.Most Read from BloombergFed Sees Rates Staying High for Some Time With Cuts Eyed in 2024Confidential Jeffrey Epstein Documents Unsealed by New York CourtSaving the Panama Canal Will Take Years and Cost Billions, If It’s Even PossibleTech S ....

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Homeowners in leafy commuter town face 10% council tax rise

Local Government Minister Simon Hoare approved the above-inflation increase to the precept in Woking, which declared itself effectively bankrupt in June with a debt pile of £2.6billion. ....

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Woking council tax could rise by 10% after Government green light

Woking council tax could rise by 10% after Government green light
getsurrey.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from getsurrey.co.uk Daily Mail and Mail on Sunday newspapers.

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Bankrupt Woking Borough Council's new boss salary - more than any other council CEO

Bankrupt Woking Borough Council's new boss salary - more than any other council CEO
getsurrey.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from getsurrey.co.uk Daily Mail and Mail on Sunday newspapers.

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Woking's Pool in the Park could be kept open by making tickets more expensive

Woking's Pool in the Park could be kept open by making tickets more expensive
getsurrey.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from getsurrey.co.uk Daily Mail and Mail on Sunday newspapers.

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