Wednesday 6 September 2023

Bankrupt councils - the list grows more...

"Many local authorities could issue a section 114 notice in the next two financial years, according to a Special Interest Group of Municipal Authorities (Sigoma)".
https://www.localgov.co.uk/S114

A survey of the 47 local authorities the organisation represents revealed that 5 are currently in the process of deciding whether to issue a section 114 notice as a result of not being able to balance their annual budget in 2023-24.

A further 9 councils said they might have to declare bankruptcy next year, with Sigoma stating that "at least 12 other councils across the country were also considering issuing a section 114 notice in 2023/24".

Don't forget that Thurrock has already declared bankruptcy and got granted permission to raise its Council tax by 10% to cover funding shortfalls. Yesterday Birmingham City Council issued a s114 notice.

Other councils currently considering a section 114 notice are:-

Coventry City Council
West Berkshire Council
Bradford Council Middlesbrough Council
Kirklees Council
Guildford
Hastings
Southampton
Kent county council
Stoke on Trent council

https://www.mirror.co.uk/news/politics/bankrupt-birmingham-council-far-worst-30928463

Britain is collapsing. Local councils have no money left and yet were content to spend what they did have on woke projects such as Drag Queen story hour and rainbow zebra crossings.

No doubt they will want the people of this great nation to now cover shortfalls. It's time to say no!

Not one council leader is ever held to account for bankruptcy, meaning that they can throw away public money, our money, and never face any penalties. Enough is enough!

https://news.sky.com/story/nearly-a-third-of-councils-in-poor-areas-considering-bankruptcy-within-next-two-years-12949493

https://www.yorkshirepost.co.uk/news/politics/third-of-councils-in-poor-areas-set-to-go-bust-new-research-suggests-4270603

https://www.theguardian.com/society/2023/oct/20/more-english-councils-face-bankruptcy-leaders-warn-as-deficits-reach-4bn

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