Woking Borough Council is on the hook for £3.2 Billion.
Having reviewed the most recently published version of WBC's Green Book it is clear the current Conservative leadership has borrowed at least £1.5 Billion and in the process has committed the Council to repaying these loans, plus interest of at least £3.2 Billion over the next 50 years. Whether the Victoria Square project thrives or not WBC will have to find this cash. This is the equivalent of £84,000 for every household in the borough.
CGC
23 Apr 2021
