Why did the Birmingham City Council declare itself bankrupt?
A Section 114 notice was issued by the city council on 5 September, 2023.The notice means that essential spending will only continue, in order to protect core services.
In 2012 a group of 170 women won the right to proceed with equal pay claims against the council at the Supreme Court.
This "equal pay liability" is in the range of £650 million to £760 million.
There is also a rise in demand for adult social care accompanied with reduction in business rates
Significant cost overrun in an Oracle IT project.£184 million for its ambitious bid to host the Commonwealth Games last year.
£13 million contribution to the 2026 European Athletics Championship
Over £50 million into hydrogen buses and cycle lanes.
Undisclosed expenditures on "inclusive" street signs and an ambitious "Green Roads" initiative.
Know About Cost Of Living In Birmingham For Students