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Warrington Borough Council's credit rating withdrawn by Moody's due to unsecured auditors and £1.85bn debt.
Warrington Borough Council's credit rating has been withdrawn by Moody's due to its inability to secure external auditors for its financial statements, resulting in a £1.85 billion debt. The council has been scrutinised for several investments, including supermarkets in Greater Manchester. The Government appointed an inspector in May to investigate the council's compliance with legal requirements.
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