Biffer wrote: Mon Aug 21, 2023 9:20 pm
Total number is a bit misleading as population sizes vary hugely
On those numbers, Thurrock is over spent by £3000 per person in the council area. Slough by over £2000 per person.
Glasgow is £300 per head. Kent less than £100.
Doesn’t mean it’s not still a problem, but adds context to the numbers.
Totally correct. I was just trying to answer my own question on local authority debt. Having another look before bed eventually found the answer here:
https://www.gov.uk/government/statistic ... nt-finance
It's in the first download, and the last table, enabling editing and sorting the "Loans Longer-term - PWLB" column (which isn't all the debt, but is £95.4b of it) gives the list. Everything over £900m of long term debt:
Transport for London 5,754,693,000
Birmingham 2,524,172,000
Greater London Authority 2,066,000,000
Woking 1,864,833,000
Leeds 1,790,172,000
Warrington 1,502,115,000
Thurrock 1,364,389,000
Edinburgh 1,155,918,000
Spelthorne 1,082,408,000
South Lanarkshire 1,023,223,000
North London Waste Authority 1,000,000,000
Enfield 991,423,000
Southwark 910,587,000
Thurrock has more longterm debt than Edinburgh, it's ahead of every massive city in absolute terms other than London/Birmingham/Leeds. Woking is somehow worse than Thurrock, and was also Tory run for decades until recently. I have no clue how this isn't a national news story.
Spelthorne's commercial property deals mean £1b of debt, Runnymede which did the same is on £600m.
Woking/Spelthorne/Runnymede are all Surrey councils, and all engaged in buying commercial property on an industrial scale. Home county Tories seem to have taken their property mania into government.
Woking council’s total debt percentage of core spending power is 14643.6%. Spelthorne council is 9336.8% and Runnymede is 7371.9%. These numbers are incomprehensible.
https://www.room151.co.uk/treasury/oflo ... -councils/
The places which heavily depleted their unallocated reserves weren't so bad on debt (without running Biffer's per capita test anyway):
Newark and Sherwood (£73m), South Norfolk (£20m), Uttlesford (£158m), Bexley (£223m).
To put some of this in perspective NI's longterm local authority debt is £340m, Wales is £4.8b. Random Tory towns of about 100k people have more local authority debt than all of NI, and combining not many of these places equals the total Welsh local authority debt.