Britain’s second-largest city has reportedly declared itself bankrupt and has shut down all non-essential spending after being issued with equal pay claims totaling up to £760 million ($956 million).
According to a report by CNN, the deficit arose due to difficulties paying between around $816 million and around $954 million in equal pay claims.
Birmingham City Council said it has a shortfall of £87 million ($109 million) in the current financial year and also faces a “potential liability relating to equal pay claims in the region of £650 million to £760 million.”
Sharon Thompson, deputy leader of the council said it faces “longstanding issues, including the council’s historic equal pay liability concerns”. Thompson also blamed…
