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Durham delays long-term borrowing on £350m debt amid high interest rates

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Durham County Council plans to borrow £350m over the next two years but will defer taking out long-term loans until interest rates become more favourable.

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The council says the borrowing is required to meet its existing capital programme commitments. However, due to “concerns” that the Bank of England’s base

What skills, knowledge and experience does a treasury manager take with them when they retire, and how might these come into play once they are no longer managing the finances of an authority, but their own? Can this show us anything about local government treasury management?

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