Birmingham Council Secures £180M Credit to Solve Finance Crisis

Birmingham Council Secures £180M Credit to Solve Finance Crisis

Birmingham City Council gets £180M to pass a legal budget and avoid cuts amid ongoing financial challenges. Birmingham Council Secures £180M Credit to Solve Finance Crisis Birmingham City Council gets £180 million. This “overdraft” helps them pass a legal budget and balance the books for a March meeting. Without it, more cuts would happen. The…