Warrington Borough Council's credit rating withdrawn by Moody's due to unsecured auditors and £1.85bn debt.
Warrington Borough Council's credit rating has been withdrawn by Moody's due to its inability to secure external auditors for its financial statements, resulting in a £1.85 billion debt.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.
June 17, 2024
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