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
This is my area of the country.
Birmingham City Council has been on the ropes for years.
I'm not sure how it will affect the people I know who work for that council though.
I just read that another 23 councils are at risk too