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Exhausted internal borrowing capacity pushes Greenwich into external borrowing

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Greenwich Council has depleted its internal borrowing capacity amid growing capital investment demands, as the authority also faces a forecasted budget gap of £136.8m by 2029/30.

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The council had been pursuing a policy of internal borrowing, using existing reserves and balances to fund capital expenditure, with the aim of minimising

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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