Oldham Council juggling £8.6 million of yet more high interest Prudential loans

Oldham Council has just published its latest budget realignment proposals (rob Peter to pay Paul to keep the account’s looking on track). Nice to see the budget challenged, austerity suffering council juggling £8.6 million of yet more high interest Prudential loans of which £6.1 million is for “improvements” at the failing Prince’s Gate scheme.

Oldham Council budget realignment.