Birmingham’s Labour-run council has been slammed by Conservative opposition leader Robert Alden for leading itself into a “financial crisis”.
Birmingham City Council has requested a £1.25 billion bailout from the Government as it bids to recover from declaring effective bankruptcy, documents show.
Budget papers published overnight also confirm the council is planning to raise council tax by 9.99% this year and next, cut the cost of services by £367 million and initiate redundancies costing £100 million.
The huge “exceptional financial support” is considered crucial given the scale of the council’s financial distress, but commissioners led by Max Caller warned the money “is really nothing more than a loan from the Government that must be paid back through asset sales”.
Robert says: “They’re unable to balance the books with the incompetency of their own administration.”
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4 окт 2024