Report highlights ongoing financial challenges
Published: Friday, 22nd July 2016
A report to Cannock Chase Council’s Cabinet has highlighted the financial impact of the closure of Rugeley power station on top of other financial challenges faced by the Council.
Rugeley Power Station ceased production of power on 6th June.The loss of business rates from Rugeley Power Station represents 25% of the business rates income and amounts to an ongoing loss of over £1 million per annum. This has exacerbated the financial challenges the Council already faces due to Government cuts.
