Warrington’s ‘high risk’ portfolio under fire as minister outlines anti-investment arm stance

Warrington Borough Council’s “high-risk” £1.76bn investment and borrowing portfolio has been criticised for “lacking a clear strategy” and adequate audit, as the government sets out its stance against councils with large commercial holdings.

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In a Best Value Inspection of Warrington, commissioned by the government, inspectors found the council had failed in its best value duty across several

Warrington’s ‘high risk’ portfolio under fire as minister outlines anti-investment arm stance

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