Bradford Council close to being bankrupt
Bradford Council will issue a Section 114 notice – effectively declaring itself bankrupt – without “exceptional” government help, a report has said.
A Section 114 notice would mean it may have to stop all new spending apart from essential services including social care and waste collections.
A £73m overspend for the current year is predicted for the local authority.
The government said it had made £45.9m available to the council and was open to discuss pressur
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