26-05-2022 09:13 via ukdcnews.co.uk

Council forced to sell buildings to pay debts

A council is being forced to sell buildings to pay debts it has emerged. Slough Borough Council faces having to sell off most of its assets to pay off debts,  government commissioners have warned.
Following continual non payment, Slough Borough Council was forced to declare bankruptcy last year, having accrued £760m in unpaid debt.
A report by the commissioners said it would have to sell most of its assets “without exception”.
Council leader James Swindlehurst said he was
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