UK’s second biggest city declares financial distress
The UK's second biggest city on Tuesday admitted that it cannot balance its books, blaming Conservative governments for years
UK's second biggest city declares financial distress

The UK’s second biggest city on Tuesday admitted that it cannot balance its books, blaming Conservative governments for years of under-funding. Birmingham City Council in central England said it had issued a Section 114 Notice under the Local Government Finance Act 1988, which blocks spending on all but essential services. Leaders of the Labour-controlled council […]

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