WebJul 3, 2024 · Council goes bankrupt after finding £100,000,000 ‘black hole’ in budget. After years of financial mismanagement and accounting errors, Slough Borough Council has effectively declared itself ... WebDec 19, 2024 · Last modified on Mon 19 Dec 2024 12.35 EST. Thurrock council has become the latest local authority to formally declare effective bankruptcy, as it grapples with a £500m deficit caused by a series ...
What does it mean when a council declares bankruptcy?
WebNov 12, 2024 · Community leaders slammed Croydon Council yesterday after the borough announced it can no longer balance its budget. The south London council yesterday issued a Section 114 notice, which means ... WebFeb 25, 2024 · Croydon Council is said to be teetering on bankruptcy, with talks on a £25m taxpayer bailout under way as a new £73m shortfall is set to be revealed. ... London Borough of Croydon. how to link website to facebook group
Croydon: Fears over council bankruptcy as fraud claim …
WebAug 18, 2024 · What does the Council going bankrupt mean for you? Croydon Council is over £1.5 billion in debt - caused by the irresponsible decisions of the Labour Administration. They are now embarking on a series of terrible, and avoidable, cuts that will affects every single person living in Croydon. Here we look at what these cuts actually mean for your ... WebJan 13, 2024 · Twice in the past two months, the Labour-run council in Croydon, on London’s southern fringes, has issued a Section 114 notice — announcing de facto … WebNov 11, 2024 · Croydon Council has just issued a s114 notice - i.e. they are bust. They are the only London Borough in this position. Labour has bankrupt Croydon through poor financial control, running up £1.5 billion … how to link website to domain name godaddy