WebWe can provide you with advice and information to help you decide on your best long term options to resolve your debt problems i.e. Debt relief Orders, Bankruptcy and help you … WebSep 21, 2024 · Debt Compared with similar-sized councils, Nottingham has the second-highest level of debt – in 2024, it stood at £1.154 billion. In fact, there are only a small number of councils in the UK with a higher level of debt. The debt levels equate to around £3,500 for every person in the city.
Debt recovery and enforcement Nottinghamshire County …
WebAug 4, 2024 · The latest city council accounts show this £7.5 million is now judged to be worth ‘nil’. The accounts reveal that: “Since March 31, 2024, the loans, parent guarantees and equity totalling £40.398m as at March 31, 2024 have been fully reviewed and impaired by £24.375m to £16.023m.” WebApr 26, 2024 · Following the discovery, Nottingham City Council will meet later this week to consider bringing Nottingham City Homes in-house. The Labour-run authority was handed an extremely rare Section 114 legal notice in December for ‘unlawfully’ spending more than £15m on the wrong services. cipher\u0027s rh
Government could intervene in running of Nottingham City Council
WebJan 22, 2024 · The Labour-run Wirral Council is faced with a £40m funding gap. The cost of the response to the pandemic is being blamed for the shortfall, plus loss of income from business rates and parking... WebNottingham City Council is the local authority for the unitary authority of Nottingham in Nottinghamshire, England. It consists of 55 councillors, representing a total of 20 wards, elected every four years. The council is led by David Mellen, of the majority Labour Party. [4] [5] The most recent elections were held on Thursday 2 May 2024 . WebJun 23, 2024 · A report found the council mis-spent up to £22.8m since 2014/15, while Nottingham City Homes - which manages the council housing stock on behalf of the authority - misused up to £17.1m. cipher\u0027s rf