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Warrington in credit downgrade

Ratings agency Moody's said the council had moved from A2 to A3 due to 'high reliance on commercial income’.

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By Martin Ford | 09 May 2022

Warrington Council has seen its credit rating downgraded by Moody's.

The ratings agency said the council had moved from A2 to A3 to ‘reflect Warrington's significant exposure to risks arising from its high reliance on commercial income'.

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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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