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How did Woking Borough Council end up with a mountain of debt?

How did Woking Borough Council end up with a mountain of debt?

Released Sunday, 26th February 2023
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How did Woking Borough Council end up with a mountain of debt?

How did Woking Borough Council end up with a mountain of debt?

How did Woking Borough Council end up with a mountain of debt?

How did Woking Borough Council end up with a mountain of debt?

Sunday, 26th February 2023
Good episode? Give it some love!
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This episode of The Woking Examiner tries to answer three questions

  1. With borrowing commitments standing at £2.4 billion how did Woking Borough Council end up with such huge loans?
  2. With annual loan repayments of £60 million and climbing and Council Tax income of £10 million how does it make ends meet?  
  3. Does it actually make ends meet?

Woking Lib Dem Councillor Peter Graves takes a close look at the inner workings of WBC's finances with fellow Councillor and Finance Portfolio Holder Dale Roberts. 

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