FINANCE

Councils' loans legal action fails

Councils are considering whether to appeal after a High Court judge threw out a bid to sue Barclays over a number of loans.

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By Martin Ford | 26 February 2021

Councils are considering whether to appeal after a High Court judge threw out a bid to sue Barclays over a number of loans.

The bank asked Mrs Justice Cockerill to strike out the case brought by Greater Manchester Combined Authority, North East Lincolnshire Council, Newham LBC, Oldham MBC, and Leeds, Newcastle, Nottingham and Sheffield city councils.

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Martin Ford

Popular articles by Martin Ford

  1. Solace announces president and chair
  2. Workforce crisis requires 'urgent' action
  3. Call for focus on 'doubly disadvantaged' neighbourhoods
  4. Councils receive £68m brownfield funding
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