Halton Receives £50 Million Loan to Avert Financial Crisis

Halton Receives £50 Million Loan to Avert Financial Crisis

Halton avoids bankruptcy with a £50m government loan to address immediate budget shortfalls and future deficits. Halton Receives £50 Million Loan to Avert Financial Crisis Halton will get special financial help. They are one of 30 councils receiving it. This help lets them borrow for daily costs. Usually, rules forbid using loans this way. Halton…

Swindon Council Budget Relies on Government Financial Support

Swindon Council Budget Relies on Government Financial Support

Swindon faces a 14 million budget gap. Government support is crucial to cover costs. Reserves are not enough. Swindon Council Budget Relies on Government Financial Support The council’s future relies on cutting costs. Swindon Borough Council will overspend this year, potentially by up to £5 million. The council will use cash reserves to cover it,…