It has been highlighted widely that Thurrock Council will be putting in place arrangements to repay any short-term borrowings they have taken out and we are not aware of any risk of the investment not being repaid to us when it becomes due.

Source: https://www.northamptonchron.co.uk/news/politics/council/northampton-taxpayers-can-breathe-sigh-of-relief-after-ps8million-invested-in-bankrupt-council-has-been-repaid-4242855

Thurrock Council is a unitary authority in Essex, meaning it is responsible for things such as road maintenance, bin collections, recycling, libraries, transport and education.

Source: https://www.essexlive.news/news/essex-news/thurrock-councils-services-including-bin-8526467