COUNCIL finance bosses have saved £330,000 in interest charges by paying off loans early.
During the last financial year, they reduced Bury's long-term debt from £92 million to £78.1 million.
The authority's investments, meanwhile, stood at £23.9 million on March 31 -- one-third held in building societies and two-thirds in UK clearing banks. Lending out its money earned the council £1.4 million in interest over the year.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article