UK news, Birmingham city council approves bankruptcy notice and spending controls, The stricken authority now set to receive a revised emergency budget after Michael ., by Press24 Uk, where many people are interested in watching and following the news,Birmingham city council approves bankruptcy notice and spending controls, and now to the details.
Birmingham city council approves bankruptcy notice and...
The stricken authority now set to receive a revised emergency budget after Michael Gove was forced to call in commissioners
Birmingham city council has voted to approve spending control measures, as well as endorsing a “financial recovery plan” that is already under way.
The council debated the plan to tackle an estimated £760m equal pay liability before giving the go-ahead for the section 114 notice it issued earlier this month. The notice in effect declared the authority bankrupt and it is now expected to receive a revised emergency budget at another meeting late next month.
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