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Woking Council to pause rollout of regeneration project due to high debt

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Woking Borough Council is looking to pause the rollout of a £492m regeneration project due to looming £1.9bn borrowing debt. At a press conference,

A new tier of “advanced” mayoral authorities should be granted full fiscal governance and enhanced borrowing powers as part of moves to bolster devolution across England, according to a new paper.

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