Massive debts force many UK councils to slash services. Will your area be affected?

National World - LocalTV

Several UK councils have declared effective bankruptcy, it’s a situation that has seen massive job losses and reductions in sometimes essential services.

Transcript

00:00Several UK councils, including Birmingham, Nottingham and Woking, face severe financial

00:06strain, some declaring effective bankruptcy, largely due to factors such as rising social

00:13care costs, inflation and financial mismanagement.

00:16Birmingham's financial troubles are partly due to equal pay claims totalling up to £760

00:22million, while Woking's debts stem from risky investments in regeneration projects.

00:29Nottingham also struggles with debt from the failed Robin Hood energy project.

00:35The new Labour government has signalled it won't automatically bail out struggling councils

00:39but intends to address the root issues by promoting financial reforms and enhanced funding

00:46oversight.

00:47The government is considering longer-term financial strategies and also multi-year funding

00:53settlements to prevent future problems.

00:56What are council services like in your local area and do you have concerns about a reduction

01:03in council provision?

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