Government to intervene in Croydon council as report warns of ‘financial crisis’
Commissioners to run council which report says is ‘heading for effective bankruptcy’ for fourth time since 2020
Government commissioners are being sent in to run Croydon council after a report found its finances were “deteriorating rapidly” and it was heading for effective bankruptcy for the fourth time in recent years.
Jim McMahon, the minister for local government, said he would be sending commissioners to run the council until July 2027, describing the local authority as “one of the most financially distressed councils in the country”. Continue reading...
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