Why are councils going bankrupt? – Politics Weekly UK
Politics Weekly UK
The Guardian
4.0 • 1.4K Ratings
🗓️ 25 January 2024
⏱️ 37 minutes
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| 0:00.0 | This is the Guardian. |
| 0:10.0 | Hello, remember me? I'm that holiday you never took. I was meant to be filled with fun, |
| 0:17.0 | laughter, relaxation. Instead, you worked. According to a recent poll, 50% of you don't take your full annual leave. |
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| 0:32.0 | Relax, rejuvenate and switch off. Take your holiday as |
| 0:36.2 | seriously as British Airways holidays take your holiday, |
| 0:39.2 | at all protected. Hello there is Jamie East here from the |
| 0:42.0 | excellent daily news podcast the Smart 7. |
| 0:44.7 | We're currently brought to you by Metal, that's the mobile-based bank account built for the self-employed. |
| 0:50.5 | Metal which is backed by NatWest makes it easy for small business owners like |
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| 1:13.0 | And don't forget, check out the Smart7, |
| 1:15.0 | wherever you get your podcasts. All over England, the councils that provide vital public services are in a deep financial |
| 1:27.6 | crisis with more and more places facing bankruptcy. Nottingham City Council is short of 23 million pounds. |
| 1:36.7 | Birmingham says it doesn't have the money it needs to balance its budget. |
| 1:40.0 | Woking Borough Council is sitting on a debt portfolio of 1.8 billion pound. |
| 1:46.7 | The Council is bankrupt. |
| 1:49.2 | For all the Tory talk and levelling up, the government still doesn't seem to grasp the seriousness of what's happening. |
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