£10m loan to Woking will be repaid
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£10m loan to Woking will be repaid
Residents have been reassured that a £10 million loan from Wokingham Borough Council to debt-riddled Woking Borough Council is protected and will be repaid. A report by the Local Government Chronicle noted how the ailing Surrey borough received more than £40 million from various local authorities since it revealed it was experiencing financial difficulties earlier this year. Data obtained via a freedom of information request and shared exclusive…
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