Section 114 notice could be forecasted for Nottingham City Council
The local authority have said that if they cannot manage their £23m budget gap they will have to declare themselves as bankrupt. The cost-of-living crisis has caused various councils across England to tragically fall into bankruptcy. In the most recent example, Nottingham City Council have said that whilst they are not bankrupt, or ‘insolvent’, they … Continue reading Section 114 notice could be forecasted for Nottingham City Council
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