Residents may face cutbacks to services as councils face huge debts (Image: Getty) Local authorities and councils are struggling with £122billion in total debts with experts warning of an "extreme and long-lasting" effect on local services. UK councils owe a combined £97.8billion to lenders, according to BBC analysis of data from the Department for Levelling Up, Housing and Communities. That is the equivalent to £1,141 per resident, as of September 2023. Taking into account all types of local authorities however, such as police and crime commissioners and combined authorities, the debt pile rises to £122.2billion. B irmingham…
