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How One Councilor Cost You £45,000 - Fine Print | MeeTV
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How One Councilor Cost You £45,000
News & Politics
2/18/2026
Fine Print
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One man borrowed £1.8 billion in your name... and got an OBE for it. Woking Borough Council is now the most indebted local authority in British history. Every household in the borough is on the hook for roughly £45,000 they never agreed to. The man responsible? He retired with a full pension and a medal from the King. This is the story of how one council CEO turned a quiet Surrey town into a financial black hole... and how the system that was supposed to stop him just watched it happen. If you want to support independent creators like me without the ads, check out MeeTV. It's an ad-free platform built to actually support the people making the content. I'm on there and it's worth a look. 👉
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Sources: Woking Borough Council Section 114 Notice
https://www.woking.gov.uk/council-and-democracy/financial-sustainability
Woking's £1.8bn debt explained — BBC News
https://www.bbc.co.uk/news/uk-england-surrey-65844205
Victoria Square development and losses — Surrey Live
https://www.getsurrey.co.uk/news/surrey-news/woking-victoria-square-debt-council-27010889
Ray Morgan OBE — Council CEO profile
https://www.surreycomet.co.uk/news/23596980.woking-council-boss-ray-morgan-retired-obe/
Croydon Council Section 114 Notice — BBC News
https://www.bbc.co.uk/news/uk-england-london-54736739
Brick by Brick (Croydon) — Bureau of Investigative Journalism
https://www.thebureauinvestigates.com/stories/2021-02-01/croydon-councils-property-company
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