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Birmingham Council to Sell Assets and Increase Council Tax to Stay Afloat

Birmingham Council to Sell Assets and Increase Council Tax to Stay Afloat
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

Bankrupt Birmingham City Council needs £1 25billion government bailout to keep services running as it reveals it will put up council tax by 9 99% in April and carry out job cuts and a fire sale of assets worth £500million to rescue its finances

Budget papers confirm the authority is planning to raise council tax by 21 per cent over two years while cutting the cost of services by £367million and initiate redundancies costing £100 million.

Birmingham City Council needs a further £45m to fix disastrous Oracle system

The new ERP system is failing to deliver an accurate ledger, whih means finance staff have spent months manually entering cost centre data

Birmingham locals face dimmed street lights, fewer bin collections and a council tax rise of £350 as bankrupt Labour-run town hall desperately scrambles to make £300m of savings

The authority has faced fury from residents face having to pay more for fewer services as their services are set to be reduced.

Birmingham City Council requests huge bailout as savings plans revealed

Birmingham City Council requests huge bailout as savings plans revealed
expressandstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from expressandstar.com Daily Mail and Mail on Sunday newspapers.

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