Windsor & Maidenhead BC is to limit all non-essential spending as it raised the risk of a section 114.
The council said it would reduce and stop some services, and scale back its capital programme to reduce borrowing costs, with interest payments currently forecast to reach £8m this year and £14m in 2024-25.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login