Chesterfield Borough Council will loan £400,000 to help Staveley Town Council stay afloat
Staveley Town Council has a deficit of more than £400,000, according to the authority's leaderA town council will avoid bankruptcy after a neighbouring authority agreed to issue a £400,000 loan.
The borough council did not confirm if it was interested in acquiring the Speedwell Rooms owned by STC.after redundancies were confirmed, with staff revealing they had only managed in recent weeks due to public donations.after some staff were told they would only receive redundancy money in instalments.
Ms Gilby said the town council owed £570,000 in total to staff, HMRC, the Derbyshire Pension Fund, central government, the borough council and other creditors.
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