Bankrupt Birmingham City Council Could Be Forced To Sell Assets To Pay Off Debt
Автор: TalkTV
Загружено: 2023-09-18
Просмотров: 2816
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Birmingham City Council is reportedly considering the sale of its Central Library, Birmingham Museum and Art Gallery, Sarehole Mill Museum, and its stake in Birmingham airport. This decision comes as the council, which is known to be the largest local authority in Europe, is set to be put under special measures.
As a result, the Government will be appointing commissioners to oversee the council's day-to-day operations and assess the feasibility of asset sales.
The announcement is expected to be made by Housing Secretary Michael Gove tomorrow.
TalkTV’s Vanessa Feltz is joined by former council adviser Max Caller to gain insights into the matter.
Max: “The only way you can pay back debt is by selling capital assets!”
#talktv #talkradio #birmingham
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