Woking Council Gets Massive Bailout to Cover Huge Debt Payments

Woking Council Gets Massive Bailout to Cover Huge Debt Payments

Woking Council receives a £74.9M bailout for 2025/26 and £96.5M for 2024/25 after declaring bankruptcy in 2023 due to debt. Woking Council Gets Massive Bailout to Cover Huge Debt Payments Woking Borough Council nearly went broke. The government gave them a huge bailout. This will protect key public services. The government calls it “Exceptional Financial…

Somerset Council Faces Bankruptcy Without Council Tax Hike, Support

Somerset Council Faces Bankruptcy Without Council Tax Hike, Support

Council faces a £52.2M budget gap due to rising service demands. Bankruptcy looms without tax hikes plus government backing. Somerset Council Faces Bankruptcy Without Council Tax Hike, Support Somerset Council is struggling. They might not balance next year’s budget. The council has a £52.2 million budget gap. This gap is for the 2025/26 financial year…

Free Support Event at Aerospace Bristol Amid Cost of Living Crisis

Free Support Event at Aerospace Bristol Amid Cost of Living Crisis

South Gloucestershire residents can get free advice on managing finances at Aerospace Bristol’s support event on January 25th. Free Support Event at Aerospace Bristol Amid Cost of Living Crisis Times are tough, money-wise, for families. Aerospace Bristol wants to help. They are holding a support day for South Gloucestershire residents. This free event is at…