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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. Goodbye to all that
  2. GLA developer stuggles with £300m debt
  3. Mansfield names next chief executive
  4. EXCLUSIVE: Public back council funding hike
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