Birmingham city council was probably never bankrupt, says accountancy expert

theguardian.com/society/2025/oct/30/birmingham-city-council-bankruptcy-spending-cuts-accountancy-expert

Declaration in 2023 that led to spending cuts was based on underestimation of reserves of more than £1bn, shows fresh analysis
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Birmingham city council was “likely never bankrupt” and the decision to issue the section 114 notice two years ago was “based on…

This story appeared on theguardian.com, 2025-10-30 12:09:40.
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