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Economy / 29 November 2023
Nottingham council announces effective bankruptcy citing increased social care demand
Berny Torre
Recent
Members of the House of Lords gather in the chamber ahead of
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Ministers vow to vote down Lords amendments to Employment Rights Bill
15 September 2025
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15 September 2025
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15 September 2025
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15 September 2025
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15 September 2025
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15 September 2025
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by Berny Torre

NOTTINGHAM CITY COUNCIL became the latest local authority yesterday to declare itself effectively bankrupt.

The Labour-run council’s chief financial officer said the authority was unable to deliver a balanced budget, with a £23 million overspend predicted in the 2023-24 financial year.

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