"Mismanagement!" Jeremy Kyle SLAMS Birmingham City Council After Effective Bankruptcy

TalkToday discusses Birmingham City Council requesting 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”.

The report says the support will cover equal pay liabilities over the previous three years estimated at £815 million and should enable the council to set a balanced budget up to 2025/26.

Jeremy says "How in the name of the lord do they owe £3 Billion ?"

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