Warrington set to sell bank shareholding at ‘substantial loss’

10 April 2026 by Jason Holland

(Shutterstock)

Warrington Borough Council is set to approve the sale of its 30.5% shareholding in Redwood Bank at a “substantial financial loss”.

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The authority purchased its shareholding at a cost of £30.9m in 2017, with the bank being newly formed at that time. The value of

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