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Councils’ decision-making caused the worst failures, but lack of Westminster oversight is also to blame
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Scooped by Graham Watson |
Scoop.it!
Graham Watson's insight:
In an article that's a response to the bankruptcy of Birmingham City Council, Nils Pratley looks at what's caused the near-collapse of local government. He says that whilst local councils must shoulder much of the blame, there's little to no central government oversight and the swingeing cuts to funding have left many with few options but to go into debt.
Interestingly, too, whilst the government will make political capital out of Labour-controlled Birmingham City Council, a look at the most heavily indebted councils reveals that the majority of them are Conservative-controlled and many of them are massively indebted, with the scale of borrowing eye-watering in many cases.
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