May 5 Elections: the London boroughs to watch politics.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politics.co.uk Daily Mail and Mail on Sunday newspapers.
Ex-council leader Tony Newman and former finance chief Simon Hall answer questions It has now been two months since Croydon Council was forced to issue a Section 114 notice, declaring effective bankruptcy and banning all non-essential spending. Just before this, former council leader Tony Newman and former finance member Simon Hall stepped down from their positions. Both remain as councillors and have resisted calls for them to resign. The council is facing having to make major cuts, including up to 400 jobs, as it deals with a more than £60 million hole in the yearly budget and £1.5 billion worth of debt from borrowing.