Councils' toxic debt is why parts of Britain are going bust - Informative Circle

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Saturday, 9 September 2023

Councils' toxic debt is why parts of Britain are going bust

In recent years, various councils have been issuing Section 114 notices, signaling financial distress. However, Birmingham City Council's recent filing has raised significant concerns. As Europe's largest local authority, it finds itself grappling with a substantial drain on resources due to an ongoing legal battle concerning equal pay.

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