Eastleigh nears borrowing limit as short-term debt pressure mounts

Eastleigh Borough Council has warned it is close to its borrowing limit, with £235m of short-term borrowing due for refinancing as the inter-authority lending market remains tight and short-term borrowing continues to be the default option.

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The authority currently has total borrowing of £585m, made up of £235m in short-term borrowing and £350m in long-term borrowing, according to its newly

Eastleigh nears borrowing limit as short-term debt pressure mounts

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