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Birmingham City Council effectively declares bankruptcy after being hit by £760m bill

Sky News Tuesday, 5 September 2023
Birmingham City Council has effectively declared bankruptcy after being hit with a £760m bill to settle equal pay claims.
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Video Credit: Rumble - Published
News video: Equal pay crisis hits UK's Birmingham | World Business Watch

Equal pay crisis hits UK's Birmingham | World Business Watch 01:59

Birmingham, the UK's second-largest city, has found itself on the brink of financial collapse. The Birmingham city council has effectively declared bankruptcy, shutting down all nonessential spending, following equal pay claims totaling 956 million dollars.

💡 newsR Knowledge: Other News Mentions

Birmingham City Council Birmingham City Council Local government body for the English city

Gove: You've got to believe you can win the election [Video]

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Michael Gove says, "you've got to believe you can win", the general election, even if the chances are "slimmer". The levelling-up secretary adds Labour's leadership has driven Birmingham City Council "to the brink of bankrupcy" and is a "test case of the difference between Conservative and Labour policies". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:11Published

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