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The Balkans News™ > Blog > Lajme > Ballkani > Financa > The second largest city in Great Britain declares bankruptcy
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The second largest city in Great Britain declares bankruptcy

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E përditësuar për herë të fundit June 21, 2024 9:00 am
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The second largest city in Great Britain declares bankruptcy

Birmingham, Britain’s second largest city, declared bankruptcy on Tuesday.

Birmingham City Council, which provides services to more than a million people, issued a notice on Tuesday banning all but essential services. One of the largest local authorities in Europe has declared that it was unable to repay the financial obligations of the administration.

The debt that has pushed the entity into crisis, according to the council, was a historic account of unequal payments.

A High Court ruling in 2012 ruled that hundreds of women had been discriminated against in their pay compared to their male counterparts. The council has already paid…



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