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Accounts reveal commissioner's office borrowed £22.5m in 24/25

The Tiverton Gazette

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July 15, 2025

DEVON’S police and crime commissioner's office has turned for the first time to the county's fire service for £5 million in short-term loans.

- by BRADLEY GERRARD

Accounts reveal commissioner's office borrowed £22.5m in 24/25

The Office of the Police and Crime Commissioner (OPCC) for Devon and Cornwall said it had borrowed money from its emergency services counterpart alongside other councils and pension funds.

The £5m it borrowed from Devon and Somerset Fire and Rescue Service in the year to April came with a 7% interest rate, although it was only for a short period of time.

Fire service documents show the term of the loan - the period within which it has to be paid back in - was a third of a month, suggesting it would have been paid off in 10 days or less.

The Tiverton Gazette'den DAHA FAZLA HİKAYE

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