Woking council may face 1bn hit from property investment spree
Briefly

Woking council risks a financial hit worth 1bn amid a government investigation into the local authority's debt-fuelled investment spree in hotels and skyscrapers.The Surrey council is on the brink of insolvency, with a possible section 114 notice, signalling it cannot balance its budget, believed to be imminent.
Read at www.theguardian.com
[
add
]
[
|
|
]