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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. Councils receive £68m brownfield funding
  2. Council landlords struggle with damp and mould
  3. Review finds 'poor operational performance' at CQC
  4. Two council leaders warn of financial collapse
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