The Leader - Councillor John Cotton and Deputy leader Sharon Thompson have issued this statement:
“Since entering our posts in May, we have been consistently clear that Birmingham City Council faces long-standing issues, which have been compounded by the reality that Birmingham has had £1 billion of funding taken away by successive Conservative governments.
“We implemented rigorous spending controls in July, and we have made a request to the Local Government Association for additional strategic support.
Today’s issuing of a Section 114 Notice is a necessary step as we seek to get our city back on a sound financial footing so that we can build a stronger city for our residents.
“Despite the challenges that we face, we will prioritise core services that our residents rely on, in line with our values of supporting the most vulnerable.”