FINANCE

Croydon granted capitalisation request

Croydon LBC has been granted a capitalisation direction just days before it was due to finalise its budget for the forthcoming year.

Croydon LBC has been granted a capitalisation direction just days before it was due to finalise its budget for the forthcoming year.

The direction is worth £120m over two years - the largest yet issued in the midst of the COVID-19 pandemic.

Martin Ford

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