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Five councils suffer credit outlook ratings downgrade

The credit outlook ratings for five local authorities have been changed from stable to negative.

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By Martin Ford | 20 November 2019

The credit outlook ratings for five local authorities have been downgraded.

Financial services experts Moody's has changed the credit outlook from stable to negative for Aberdeen City Council, Cornwall Council, Guildford BC, Lancashire CC, and Warrington Council.

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Martin Ford

Popular articles by Martin Ford

  1. Councils brace for reorganisation push
  2. Ombudsman calls for more powers
  3. Call for courage over failing council finances
  4. Government will 'not hesitate' to intervene in planning
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