Woking Council Declared Bankrupt With Debt Spiralling Beyond £2billion

WOKING, ENGLAND - JUNE 08: Two men walk near to the Victoria Place retail and residential complex on June 08, 2023 in Woking, England. Woking Borough Council issued a section 114 notice yesterday meaning it can longer balance its budget for the current financial year. The council is believed to owe more than £1.2 billion mostly due to overspending on the redevelopment of the city centre. (Photo by Leon Neal/Getty Images)
WOKING, ENGLAND - JUNE 08: Two men walk near to the Victoria Place retail and residential complex on June 08, 2023 in Woking, England. Woking Borough Council issued a section 114 notice yesterday meaning it can longer balance its budget for the current financial year. The council is believed to owe more than £1.2 billion mostly due to overspending on the redevelopment of the city centre. (Photo by Leon Neal/Getty Images)
Woking Council Declared Bankrupt With Debt Spiralling Beyond £2billion
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Leon Neal / Employé
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1496918284
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Getty Images News
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8 juin 2023
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