google-site-verification: googlec7193c3de77668c9.html

Bristol City Council’s new leader warns of bankruptcy threat

In May’s local elections the Greens won the most seats, though without an overall majority.

They were delighted, but three months later the mood is very different.

Money was already tight, but extra costs have come to light, and planned savings have fallen short.

“The financial situation is very challenging,” said Mr Dyer.

That has led to a warning that Bristol could end up issuing a Section 114 notice – effectively going bankrupt.

“I think without government intervention I can’t guarantee that won’t happen, but having said that, I think we are now taking the measures and putting into place the processes that we need to do,” said Mr Dyer.


Source link

Views: 2

See also  BBC - 504: Gateway Timeout

Check Also

Hundreds of phones and laptops lost by MoD – at potential cost of more than £1.6m | Politics News

More than 1,000 devices have been lost or stolen from the Ministry of Defence (MoD) …

Belfast violence prompts fight on the right | Politics News

👉Listen to Politics At Sam And Anne’s on your podcast app👈 Has the unrest in …

Growing unease over UK’s stuttering efforts to rearm | UK News

The UK could yet unveil all – or parts – of a long-delayed investment plan …

Leave a Reply

Available for Amazon Prime
Road runner car transport. Heavy equipment transport allegheny pa.