How much Bolton Council owes – but debt is among the lowest in Greater Manchester

It owes around £158m to lenders, the lowest in the region per resident, and the second lowest in the region in total.

The Bolton News understands the majority of the sum, around £100m, consists of a long-term loan for investment into the Bolton Town Centre Masterplan.

It is paid for with the council’s share of the dividends from Manchester Airport.

It is understood the rest of the sum consists of other long-term loans, for…