FINANCE

Warrington must be 'more realistic' about finances

Warrington Council urgently needs to get to grips with its complex and risky financial situation, the Local Government Association has said.

Warrington Council (c) Graeme Lamb

Warrington Council urgently needs to get to grips with its complex and risky financial situation, the Local Government Association has said.

Because the council, which has a debt burden of £1.8bn, relies on investment returns it has ‘a very different risk profile to many other local authorities', the umbrella-body has pointed out in a peer review.

Popular articles by Emily Twinch

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?