CROYDON RATEPAYERS SPEND 15p IN THE POUND SERVICING COUNCIL LOAN DEBT

CROYDON RATEPAYERS SPEND 15p IN THE POUND SERVICING COUNCIL LOAN DEBT   Ratepayers in Croydon are spending the equivalent of 15p in every pound of council tax they pay in clearing the council's loan debts. The figure has been obtained by News From Crystal Palace under a Freedom of Information Act request. News From Crystal … Continue reading CROYDON RATEPAYERS SPEND 15p IN THE POUND SERVICING COUNCIL LOAN DEBT

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“COUNCILS SPENDING MILLIONS OF COUNCIL TAX INCOME ON INTEREST DEBT REPAYMENTS” – REPORT

  Source: Debt Resistance UK "COUNCILS SPENDING MILLIONS  OF COUNCIL TAX INCOME ON INTEREST DEBT REPAYMENTS" - REPORT   Ratepayers in London boroughs are seeing an average of 23p of every pound they pay in council tax spent on servicing interest debt repayments says a shock report. But Southwark say the figure is just 3p … Continue reading “COUNCILS SPENDING MILLIONS OF COUNCIL TAX INCOME ON INTEREST DEBT REPAYMENTS” – REPORT