Birmingham City Council has said it does not have the money to pay the bill
Birmingham, the second-biggest city in Britain, declared itself bankrupt on Tuesday, sending shockwaves through the city’s governance. The Labour-run administration representing the UK’s second-largest city issued a 114 notice, putting a stop to all but essential spending and becoming the latest in a string of councils to plunge into financial distress, as per the Guardian.
A Section 114 notice is issued by a council when it believes its income will not be able to meet spending. Thurrock, Croydon, Slough, and Northamptonshire have all issued Section 114 notices in recent years.
One of the key reasons behind the city going bankrupt is the equal pay claim….
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