Worcestershire County Council facing bankruptcy over financial blackhole

It's as a council report says they'll have a £33.6 million funding gap.

Author: Hannah RichardsonPublished 9th Jan 2025

Worcestershire County Council could be declaring itself bankrupt, as it faces a 33 point six million pound blackhole in its finances.

The local authority is set to ask the government if it can sell assets or borrow to fund day-to-day costs.

A council report said it wouldn't be able to balance the budget without exceptional financial support.

Papers for a cabinet meeting next week, said the council needed £33.6m in 2025-26 and a further £43.6m in 2026-27.

Hear all the latest news from across the UK on the hour, every hour, on Greatest Hits Radio on DAB, smartspeaker, at greatesthitsradio.co.uk, and on the Rayo app.