Category : Search result: council debt


Croydon gains £120m in Fair Funding review

Croydon Council is set for a £120m funding boost over three years after a historic government review. The new Fair Funding 2.0 model aims to better reflect local need, but the borough's massive debt remains a challenge. Read the full story.

Westminster Council warns personal data copied by hackers

Westminster City Council confirms hackers likely copied sensitive resident data in a November cyber attack. The council is investigating the breach's full impact. Find out which services are affected and how to get help.

Grand Slam Track owes athletes huge sums, future uncertain

World Athletics warns the Michael Johnson-backed Grand Slam Track may not return in 2026 despite bankruptcy filing. Stars like Sydney McLaughlin-Levrone are owed hundreds of thousands. Read the full financial crisis details.

London cemetery fees to rise by up to 165%

Westminster City Council announces steep increases in burial and cremation fees at two cemeteries, with some costs jumping by 165%. Discover the full breakdown of council charge hikes.

London council cyber attack disrupts key services

Westminster City Council reveals which services are impacted after a major cyber attack and advises residents on how to get help. Critical services for vulnerable people are the priority.

Leon warns of closures after £8 million loss

Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.

Thames Water profits leap as funding crisis looms

Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.

OBR's Long-Term Debt Warnings Threaten UK Economy

Beyond the public feud with Chancellor Rachel Reeves, the OBR's reports reveal a perilous long-term fiscal outlook for the UK, with high debt and demographic pressures risking financial stability. Read the full analysis.

Councillor brands mansion tax a 'disgrace'

A North London councillor with a £4m+ house condemns the new High Value Council Tax Surcharge. Discover the impact on London homeowners and the political row it has sparked.

79-year-old widow chased for 2p energy debt

A 79-year-old disabled widow from Dudley was pursued for a 2p debt due to a computer error, threatening her credit rating and causing immense stress. Discover how the situation was resolved.

London councils hit by cyber-attacks, data stolen

Three London councils hit by cyber-attacks with data stolen from Kensington and Chelsea. Residents warned to be vigilant against suspicious messages. Systems disrupted across boroughs.

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