Birdwatch Note Rating
2023-09-06 10:24:34 UTC - HELPFUL
Rated by Participant: 2C46259A4AFD907724461408FBAF3E73CB099D62CBD0D2D26920065102F8BAF4
Participant Details
Original Note:
Conservative-run councils in Thurrock, Northampton and Woking also declared bankruptcy in recent months/years. https://www.theguardian.com/society/2023/jun/15/thurrock-council-hid-losses-gambled-millions-risky-investments https://www.theguardian.com/society/2018/nov/29/tory-run-northamptonshire-county-council-bailed-out-by-government https://www.theguardian.com/politics/2023/jun/07/woking-council-declares-bankruptcy-with-12bn-deficit The funding to local councils is provided by the current Conservative government. https://www.instituteforgovernment.org.uk/explainer/local-government-funding-england#:~:text=funded%20in%20England%3F-,Local%20authorities%20have%20three%20main%20sources%20of%20revenue%3A,tax%20levied%20on%20business%20premises.
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