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Council in £540m debt write off plea

Croydon LBC has asked Government to write off £540m of its debt in 2023-24 to ‘restore financial sustainability’.

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By Dan Peters | 17 February 2023

Croydon LBC has asked Government to write off £540m of its debt in 2023-24 to ‘restore financial sustainability'.

The move would reduce the annual cost of the council's debt by £38m.

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Dan Peters

Popular articles by Dan Peters

  1. Pay dispute to stretch into autumn
  2. SEND system 'not working'
  3. Old Bailey jury clears former chief of rape
  4. Skills England to bring together central and local government
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