Council recoups significant amounts of public money from past investments
22 January 2026
A report to Cabinet on Wednesday 21 January shows that Thurrock Council has now recovered £661m from past investments as part of its ongoing work to reduce debt and stabilise the council’s finances following its financial collapse in 2022.
The Cabinet report sets out the progress made so far and the work still underway to divest the council of its investments and says that a further £131m is expected to be recovered in the coming years, meaning around £800m is aimed for recovery by 2030.
The Cabinet report sets out the progress made so far and the work still underway to divest the council of its investments and says that a further £131m is expected to be recovered in the coming years, meaning around £800m is aimed for recovery by 2030.