This Is Why 9 Councils Are Bankrupt
https://www.youtube.com/watch?v=M7FUD-ecHFE
The nine councils that have declared bankruptcy include:
Hillingdon (2000)
Hackney (2000)
Northamptonshire (2018)
Croydon (2020, 2021, 2022)
Slough (2021)
Thurrock (2022)
Woking (2023)
Birmingham (2023)
Nottingham (2023)
Somerset County Council is about to submit a Section 114 notice, and has already effectively declared bankruptcy twice.
Combined debt: Over £5 billion
Council jobs lost since 2012: 600,000+
Councils expecting bankruptcy in next 5 years: 50%
https://ukreloaded.com/the-quiet-bankruptcy-of-local-authorities-100-councils-on-the-brink/
https://www.instituteforgovernment.org.uk/explainer/local-authority-section-114-notices
https://www.bbc.co.uk/news/uk-politics-66878229
https://www.instituteforgovernment.org.uk/explainer/local-authority-section-114-notices
All those involved in these bankruptcies and the fraudulent use, misuse, embezzlement, money laundering, theft, of Public Funds, should be suspended pending full investigations. Their private council pensions should also be suspended. They should be prosecuted according to the laws governing Misconduct in Public Office, and forced to give up any assets and funds they have gained as a result of their criminal activities. Examples should be made of all involved, with an amnesty offered to all whistleblowers that expose the fraud going on in other councils.
Local inhabitants of the above councils will want to suspend any further Council Tax payments until the fraud is fully investigated and the perpetrators brought to justice!
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