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It may have been something of a shock for EG readers to learn that Birmingham City Council had issued a section 114 notice – an effective declaration of bankruptcy – earlier this week. But for those of us who also move in local government circles, it was hardly a great surprise.
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Is it RIP for “levelling up” then? Seems to have withered on the vine. Still a bit of HMG grant money kicking about, but the heat has gone out.
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PLACEHOLDER
— Quote Source