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Woking and Thurrock to receive debt bailouts from government

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The government has committed to helping reduce the debts of both Woking and Thurrock councils ahead of local government reorganisation (LGR), in a move critics warn could set a “very expensive precedent”.

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In both cases, the government said it has agreed to provide the “initial tranche of financial support for debt repayment” in 2026/27, ahead of

Government must tailor the support available to cash-strapped councils to ensure it accelerates – rather than impedes – their recovery, according to the finance lead at Barnet Council.

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