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EFS debt alleviation mooted for Slough

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Slough Borough Council could have the cost of servicing its exceptional financial support (EFS) cut by around a fifth to ease its debt burden after eight years of government bailouts.

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The proposal was included in an external review of intervention at the borough which found that Slough – which has been granted government support

Business rates will be fully locally retained by the end of the decade in place of government grants, the chancellor has pledged, as the roadmap for fiscal devolution was set out.

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