UK councils have a combined debt of £97.8bn to lenders, equivalent to £1,100 per person, as of September, according to a report by the Public Accounts Committee. Chairwoman Meg Hillier warned that if more councils go bust, it could lead to an “extreme and long-lasting effect” on local services. Some local authorities have borrowed sums that compromise their ability to pay for vital services in the future, Hillier has warned. The substantial cuts planned at Thurrock, Woking and Nottingham City Councils have affected services for residents, according to the
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