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Warrington prepares for £3m increase in debt interest payments

Debt-ridden Warrington BC has admitted it will be hit by a £3m bill to refinance a £110m Government loan.

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By Paul Marinko | 13 June 2023

Debt-ridden Warrington BC has admitted it will be hit by a £3m bill to refinance a £110m Government loan.

It comes amid fears of further council financial failures as interest rates rise and commercial incomes fall.

Paul Marinko

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Paul Marinko

Popular articles by Paul Marinko

  1. AI – progress to a local government future
  2. Matching up to a new Government
  3. Unite joins Unison in rejecting pay offer
  4. GMB accepts local government pay offer
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