Local government bodies on Tuesday warned that more councils across the UK could declare themselves in financial dire straits
Local government bodies on Tuesday warned that more councils across the UK could declare themselves in financial dire straits, after the country’s second biggest city said it could not balance its books. Birmingham City Council in central England said it had issued a Section 114 Notice under the Local Government Finance Act 1988, effectively declaring […]
The post Fears grow for UK councils after second city declares insolvency appeared first on Insider Paper.
https://insiderpaper.com/fears-grow-for-uk-councils-after-second-city-declares-insolvency/
Comments
0 comment