Glasgow Council Debt Soars to £1.6 Billion Amid Overspending Crisis
Glasgow faces a severe debt crisis, reaching £1.6bn, with overspending nearing £40m and rising council tax. Glasgow Council Debt Soars to £1.6 Billion Amid Overspending Crisis Glasgow’s council debt is very high. It reached £1.604 billion in 2023/24, almost equaling their 2025/26 service funds. The debt grew by £105m since before the pandemic. Interest payments…