![Tories fear interest cost “tsunami” on council loans while Labour blame Goverment’s abysmal record and failed austerity policy loans](https://i0.wp.com/www.warrington-worldwide.co.uk/wp-content/uploads/2023/05/ken-critchley-cathy-mitchell.jpg?resize=351%2C185&ssl=1)
Tories fear interest cost “tsunami” on council loans while Labour blame Goverment’s abysmal record and failed austerity policy
WITH Warrington Borough Council facing a further £3m a year in interest costs on loans and a deficit of around £2 billion, opposition Tories have called on the Labour controlled council to “urgently reduce the enormous debt burden,” which they say is equivalent to £10,000 for every man, woman and child in Warrington.