Section 114 Notice Issued by Birmingham City Council Background Birmingham City Council has issued a Section 114 Notice as part of its efforts to handle the financial liabilities associated with Equal Pay claims and an in-year financial gap within its budget. The Council’s financial burden currently stands at approximately £87 million. In June, the Council […]
Contingency plans being drawn up for possible collapse of Thames Water – reports Introduction The UK government is reportedly developing contingency plans for the emergency nationalization of Thames Water, the country’s largest water supplier, in response to concerns over its £14 billion debt. The discussions about bringing the utility company back into public ownership are […]
