Spelthorne assets have 'continued to perform well'

By Dan Peters | 09 October 2020

A council criticised for borrowing millions of pounds to strike deals has said its assets have ‘continued to perform well’ despite the COVID-19 downturn.

Amid increasing scrutiny of councils excessively borrowing for commercial reasons, Spelthorne BC, which has a large portfolio of investments, said it had successfully collected more than 96% of the rent due for the first six months of the current financial year.

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