BUSINESS

Authority writes off £300,000 debt

A debt of almost £300,000 will be written off by Blackpool Council following the collapse of a local authority firm.

By Thomas Bridge | 25 May 2016

A debt of almost £300,000 will be written off by Blackpool Council following the collapse of a local authority firm.

Blackpool's executive this week agreed to halt attempts to recover £296,939 of a loan paid to the Via Partnership – owned by Blackpool, Lancashire CC and Blackburn with Darwen Council – after the company entered administration.

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Popular articles by Thomas Bridge

  1. Autumn Statement: Hammond 'reinforces' Universal Credit with benefit tweaks
  2. 'United action necessary' as homelessness numbers soar
  3. Hammond expected to tackle housing, care and 'Jams'
  4. Making change happen
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