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City council on cusp of 'bankruptcy'
Western Daily Press
|December 03, 2025
GLOUCESTER City Council needs a Government bailout loan of up to £17.5m to avoid becoming effectively bankrupt.
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Cabinet is expected to approve submitting an exceptional financial support application at their meeting next week to ask for between £12.5m and £17.5m from ministers.
This story is from the December 03, 2025 edition of Western Daily Press.
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