FINANCE

Guildford to sell £50m of assets

Guildford BC has approved the sale of £50m of assets over three years under plans to stabilise the Surrey-based authority’s finances.

Guildford BC has approved the sale of £50m of assets over three years under plans to stabilise the Surrey-based authority's finances.

Under the disposal strategy, which forms part of the borough's wider financial recovery plan, the council intends to raise £12.5m from asset sales by October 2025.

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