Skip to Main Content

Dudley to borrow £40m more in 2024/25 to finance essential programmes

(Shutterstock)

Dudley Metropolitan Borough Council is expecting to need a further £40m in borrowing before the end of the 2024/25 financial year, driven by “cashflow needs”.

Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

Subscribe

A treasury management report written by interim director of finance and section 151 officer Brendan Arnold said that the borrowing was needed “due to

Interest rate risk management is vital to determining borrowing and investment strategy and outcomes. From visual aids to top tips, Jackie Shute, head of local authority strategy at Public Sector Live Ltd, offers an overview of best practice.

(Jackie Schute)