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Bankruptcy warning from Cheshire East Council finance boss

Summary by Nantwich News

Cheshire East Council will be effectively bankrupt if the government doesn’t approve the use of exceptional financial support by the end of this financial year, the council’s head of finance said. The council applied for £17.6m of EFS last February because of the projected overspend this financial year. And in December it applied for up to £31.4m for 2025/26 and indicated a potential request of £23.7m for 2026/27. Cheshire East is facing an £18.…

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Bankruptcy warning from Cheshire East Council finance boss

Cheshire East Council will be effectively bankrupt if the government doesn’t approve the use of exceptional financial support by the end of this financial year, the council’s head of finance said. The council applied for £17.6m of EFS last February because of the projected overspend this financial year. And in December it applied for up to £31.4m for 2025/26 and indicated a potential request of £23.7m for 2026/27. Cheshire East is facing an £18.…

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Nantwich News broke the news in 15 days ago on Saturday, February 8, 2025.

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