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FINANCE

MBC writes off £500k debts

South Tyneside MBC has been criticised for writing off more than £500,000 in unpaid debts owed by tenants and business owners.

South Tyneside MBC has been criticised for writing off more than £500,000 in unpaid debts owed by tenants and business owners over the last financial year.

The authority has lost out on £530,242 due to unpaid rents, councils tax and business rates.

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