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
I just read that another 23 councils are at risk too