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UK Councils' Borrowing Surges to £122 Billion in 2024

9/28/2025

Summary

Story summary

In 2024-25, councils in England borrowed £5.4 billion, averaging £95 per person; Hertfordshire's councils borrowed over £1.77 billion.
Powys County Council anticipates a £2.194 million surplus from its £367 million budget but warns against early council tax cut discussions.
Dacorum and Stevenage councils report substantial borrowing for housing, with debts of £331 million and £247.9 million, respectively.
West Northamptonshire Council faces a £50 million budget gap, likely leading to a council tax increase next year.
UK councils' total borrowing exceeds £122 billion, with England's share at £96 billion.

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Story summary

In 2024-25, councils in England borrowed £5.4 billion, averaging £95 per person; Hertfordshire's councils borrowed over £1.77 billion.
Powys County Council anticipates a £2.194 million surplus from its £367 million budget but warns against early council tax cut discussions.
Dacorum and Stevenage councils report substantial borrowing for housing, with debts of £331 million and £247.9 million, respectively.
West Northamptonshire Council faces a £50 million budget gap, likely leading to a council tax increase next year.
UK councils' total borrowing exceeds £122 billion, with England's share at £96 billion.