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Nottingham city council issues notice in effect declaring itself bankrupt

Local authority issues section 114 notice suspending spending as it admits it cannot balance budget

  • UK politics live – latest updates

Nottingham city council has issued a section 114 notice, in effect declaring itself bankrupt.

In an announcement on Wednesday, the local authority said its chief financial officer had decided it “isn’t able to deliver a balanced budget for this year, which is a legal requirement”.

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