Birmingham City Council May Have to Sell Off Buildings to Pay Debts

Birmingham City Council faces a financial crisis, owing over £1 billion due to gender pay disparities. To address this, they may sell assets like the NEC, valued at £350-£400 million, attracting foreign investors. The council's financial mismanagement has led to budget cuts and potential service reductions. Legal settlements have compounded the issue, forcing asset sales. Criticism arises over the council's handling of the situation, with implications for Birmingham's future.

Who is likely to be interested in purchasing the NEC portfolio according to Rupert Young?

What financial situation is Birmingham City Council currently facing?

What are some potential consequences of the Council selling off its assets?

What legal settlements has the Council agreed to, and how much do they total?

What does the lawyer representing the women claim about the Council's handling of the situation?