councils facing a precarious financial situation during the COVID-19 pandemic, the authority has said it does not have sufficient funds to meet its obligations.
The council was clear that it does not yet have to file a S114 notice, declaring itself bankrupt, but if it does not get more financial support from the Government soon, it may have to.The authority is facing an in-year budget gap of £26 million, as costs have soared during the pandemic.The council’s leader has been calling for more financial support from Government ministers since the start of lockdown and has criticised it for “breaking its promises” on further funding to date.In April, council leader Coun Andrew Western said the money handed out by central Government to local.