Title

POLICY AND POLITICS

Havering leader calls for exceptional financial support debt to be written off

Reform UK-led Havering LBC has called on the Government to cancel the council’s outstanding emergency borrowing and loan interest costs.

Havering LBC (c) Terence J Allington/Shutterstock.com

Reform UK-led Havering LBC has called on the Government to cancel the council's outstanding emergency borrowing and loan interest costs. 

The call comes as the council forecasts it will need £54m in exceptional financial support in the current financial year, with officers describing a further request exceptional financial support for 2027-28 as ‘unavoidable' due to the ‘sheer size of the gap'. 

Dan Peters

Popular articles by Dan Peters

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?

-->