A fire sale of assets would be unwise, as assets are now valued at half the sum of the debt
Woking Council borrowed to develop a 23-storey Hilton and residential skyscrapers
Plans for the 1,048-home development and 9,026-spectator stadium were refused this week
Woking Borough Council has submitted plans for two major high-rise residential projects in its town centre, through its own development vehicle, Thameswey.
Woking Council is borrowing £400m of low interest public funds to invest in its Victoria Square regeneration.