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The Council Bankruptcy Problem Explained
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272,773 Views • Dec 5, 2023 • Click to toggle off description
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Councils across the UK are struggling with funding issues, as regions tighten budgets and attempt to cut services. So in this video we unpack why councils are struggling so much, and what's really going on with Britain's council crisis.

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Views : 272,773
Genre: News & Politics
Date of upload: Dec 5, 2023 ^^


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RYD date created : 2024-05-16T10:14:36.844316Z
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YouTube Comments - 1,387 Comments

Top Comments of this video!! :3

@WhichDoctor1

5 months ago

for a government that claims to be good with money the torys seem to have remarkable difficulty understanding the notion that if costs keep going up and income keeps going down at some point everything breaks

679 |

@TheRealEtaoinShrdlu

5 months ago

"Department for Levelling Up" sounds like something from a family friendly city builder video game.

69 |

@WhichDoctor1

5 months ago

i would also like to point out that councils getting involved in dodgy investments that ruined them was a tory idea. They loosened up the rules on what councils were allowed to borrow for and told them to borrow and invest in money making schemes to offset their falling government funding. But of course council people have no experience in that area so many of them got taken for a ride. And now the torys are blaming the councils "poor decision-making" for them going bankrupt, when it would never have happened if the tories hadn't taken their other sources of money away and told them to do it

436 |

@joncarter3761

5 months ago

I live in Somerset where they merged all local councils to prop up all the bankrupt ones. It's annoying because my local council was one of the solvent ones that just restarted important services like rehab but those were instantly shut once the councils merged so we're back to untreated addicts taking drugs and leaving needles around our kids play areas again.

325 |

@LightningStrikeify

5 months ago

I worked in a huge council during the pandemic, which prior to, had a giant surplus. They were told the money received from the central government was it, if they needed more they’d have to raise council tax. This is an obvious move to shift blame for expenditure and raising taxes away from the Tories and onto local government. In my example, they wanted to raise council tax after the pandemic, and like predicted, it went down like a cup of cold sick.

375 |

@theweirdsideofreddit3079

5 months ago

I work for a rural council and I can tell you now that there are absolutely internal mistakes but they don’t even begin to compare to how much were being screwed by central goverment. It’s their way of shifting the blame away from them. Trust me when I say this, there are many more 114 notices coming!

63 |

@jonathanwetherell3609

5 months ago

A key part of the austerity "plan" was to make local councils bear the brunt. A politically clever idea as the voters would/did/ blame the council for the cuts.

195 |

@RobertIngram-zt3ew

4 months ago

Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. Thanks to Ryan William Ames

277 |

@TraceWraith

5 months ago

My god the state of this country at the moment.

7 |

@grodesby3422

5 months ago

People need to pay a lot more attention to their local government.

16 |

@andrea2007andrea2007

5 months ago

It's the same situation with the most expensive per mile cost in history of the world... For HS2. The country is simply and plainy governwd by money hungry, under educated, unexperienced greedy politicians. Their personal portfolios are soaring at the financial and social and also health expense of the tax payer

6 |

@vicsamsungtab

5 months ago

I work in hospitality in london and im surprised this video did not mention the housing crisis that sucks millions out of the council for emergency accomodations.

8 |

@TimothyCHenderson

5 months ago

These are the top 20 council's with a borrowing to income deficit: 1. Spelthorne: Conservative 2. Woking: Lib Dems as of 2023* 3. Eastleigh: Lib Dems 4. Runnymede: Conservative 5. Worthing: Labour as of 2022* 6. Surrey Heath: Lib Dems as of 2023* 7. Rushmoor: Conservative 8. Cherwell: Conservative 9. Uttlesford: R4U as of 2019* 10. Warrington: Labour 11. Brentwood: Lib Dem/Labour coalition as of 2023* 12. Mole Valley: Lib Dem as of 2019* 13. East Hampshire: Conservative 14. Thurrock Council: Conservative 15. Adur: Conservative 16: Epsom and Ewell: Residents Association 17. Broxbourne: Conservative (cute town mascot: it's a badger) 18. Guildford: Lib Dems as of 2023* 19. Chorley: Labour 20: Warwick: Green as of 2023* Any with an asterisk next to the name were previously conservative or had a transitionary election cycle with no clear majority shifting away from the Tories to a new government. It should also be noted that many on the list are located in Surrey which has been dominated by the Tories since 1965.

25 |

@farright118

5 months ago

Uk needs proportional representation and regional parliments instead of the councils holding power

57 |

@STYouNews

5 months ago

They loosened up the rules on what councils were allowed to borrow for and told them to borrow and invest in money making schemes to offset their falling government funding.

19 |

@mac7040

5 months ago

Well I guess being forced to give up £200 off each household to help with the heating bills and help keep the record profits for the energy companies did not help.

6 |

@Alex-jw4sr

5 months ago

Zero mention of councils drive toward paying their executive staff 6 figure salaries in the last 20 years. Also no mention of contracting services out which inevitibly costs more due to contracted companies needing to make profits. Blair's "best Value" system really showing that there is no value in privatising local services which has ultimately led to cuts in services and increased costs of those services. What about councils reserves, which it sits on to the tune of millions. This story doesn't nearly cover the realities of the situation.

5 |

@martinwyke

5 months ago

Simple, the general central government grants to council have been slashed by 30% in real terms over the last decade. The council tax have been capped below inflation resulting in another 10% cut.

48 |

@DatBoiOrly

5 months ago

i've worked with council's over the years & i can safely say the cause of this is over bloated contracts basically council contracts are in the millions whist the job in actuality cost's 1/10th of that because of the work culture there. basically if you work hard in the council you are punished because "you make the rest look bad" whist they're sat in the van playing phone games & if you go against the grain and keep working hard you'll get sacked just like i was.

27 |

@massimoamodeo2455

5 months ago

My local council didn't declare bankruptcy, but paid £40 million for a swimming pool forecasted to cost £20 and £10milion for a failed housing project.

2 |

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