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This was on BBC1 London Local news
yesterday. [Croydon Council becomes second council in two decades to declare bankruptcy The borough has imposed emergency spending restrictions under a Section 114 Officials blamed the coronavirus crisis coupled with 'a decade of austerity' Last authority to use the order was Northamptonshire County Council in 2018] [Hamida Ali, Croydon Council's leader, said yesterday: 'We need to be honest about the fact that, for a number of reasons, the council is on track to spend more than we have. 'The Covid-19 crisis and a decade of austerity have had a major impact on our finances but it's clear the council has also made mistakes, and I am committed to fixing that.'] https://www.dailymail.co.uk/news/art...ronavirus.html |
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