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UK government grants £200M debt relief to bankrupt Thurrock Council.
The UK government announced a £200 million debt relief package for Thurrock Council, helping to stabilize the authority after years of financial mismanagement.
The Labour-led council declared bankruptcy in 2022 with over £1.3 billion in debt, largely due to failed investments under the previous Conservative administration.
The relief is intended to protect residents and services while ongoing fraud investigations continue.
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El gobierno del Reino Unido concede un alivio de la deuda de 200 millones de libras al Consejo Thurrock en bancarrota.