22 UK: Birmingham City Council effectively declares bankruptcy after being hit by £760m bill...Stoke-On-Trent council also on the brink (news.sky.com) posted 1 year ago by swampbeast 1 year ago by swampbeast +22 / -0 Birmingham City Council effectively declares bankruptcy after being hit by £760m bill Birmingham City Council has formally declared itself in financial distress - confirming in a statement that all new spending, with the exception of protecting vulnerable people and statutory services, must stop immediately. 6 comments share 6 comments share save hide report block hide replies
https://www.theguardian.com/society/2023/aug/28/at-least-26-english-councils-at-risk-of-bankruptcy-in-next-two-years