Why a debt-ridden council plans 7.48% tax increase

Warrington Council, one of England’s most indebted local authorities after building up a £1.9 billion investment-driven borrowing portfolio, plans to raise council tax by 7.48% and has sought up to £354 million in exceptional financial support from the government to avoid issuing a section 114 notice as it grapples with high debt servicing costs and rising statutory service pressures.

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