One of the scandals of recent years is that councils have been allowed to run up astronomical debts. My former authority, where I served as a councillor—Hammersmith and Fulham council—is trying to reduce its historical debt of £133 million, which costs taxpayers £5 million a year in interest payments before a single street is even swept. What safeguards are in the Bill against councils running up excessive debts?
Localism Bill
Proceeding contribution from
Aidan Burley
(Conservative)
in the House of Commons on Monday, 17 January 2011.
It occurred during Debate on bills on Localism Bill.
Type
Proceeding contribution
Reference
521 c564 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 14:29:05 +0000
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