Leaders Flee as £137 Million Crisis Deepens: 9 Signs of Oldham Council's Catastrophic Collapse

An Inside Look at a Borough in Crisis
The rats are jumping ship - and they're taking Oldham's future with them. In what can only be described as an exodus, key officials are fleeing Oldham Council amid mounting evidence of financial chaos. The numbers tell a devastating story:

• £137 million in projected interest payments over the next 50 years due to refinancing
• £510.7 million in financing requirements
• £20 million and rising in projected overspending this year
• £2 million in hidden redundancy payments for staff fleeing the Council
• Just £34 million left in reserves for future crises
• Millions wasted on one failed ‘game changer’ scheme to the next

But these aren't just numbers on a spreadsheet. They're warning signs of an organisation in free fall. A deep dive into the Council's latest Cabinet Report Pack reveals something far more disturbing: a perfect storm that threatens to reshape the future of this historic borough.

Here's what every Oldham resident needs to know about the crisis unfolding in their backyard.