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The Independent UK
The Independent UK
National
Callum Parke

Nottingham City Council could declare bankruptcy if it cannot balance its books

Nottingham City Council Council
PA Archive

A city council facing a £23 million in-year budget gap has said that it could declare bankruptcy if it is not feasible to balance its books.

Nottingham City Council has said that while it is “not ‘bankrupt’ or insolvent”, it will need to assess whether it can deliver a balanced budget.

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