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Struggling council will receive £25.3m government support to balance its books

Summary by Northwich Guardian
The government has confirmed Cheshire East Council will receive exceptional financial support of £25.3m, meaning it can set a balanced budget for…

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Northwich GuardianNorthwich Guardian

Struggling council will receive £25.3m government support to balance its books

The government has confirmed Cheshire East Council will receive exceptional financial support of £25.3m, meaning it can set a balanced budget for…

·Northwich, United Kingdom
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Nantwich NewsNantwich News

CEC to receive £25.3m exceptional financial help from Government

The government has confirmed Cheshire East Council will receive exceptional financial support of £25.3m, meaning it can set a balanced budget for the next financial year, writes Belinda Ryan. The cash-strapped council was informed yesterday (Thursday) it had been granted the extra support. This means it can, through a process known as ‘capitalisation’, enable them to borrow money or sell assets to meet day-to day revenue costs. Cheshire East is …

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Northwich Guardian broke the news in Northwich, United Kingdom on Friday, February 21, 2025.
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