By Laura HammondThe mayor of Leicester has said the city council is looking at effective bankruptcy within the next 18 months.Sir Peter has written to Michael Gove, Secretary of State for Levelling Up, Housing and Communities, to ask for help to balance the books in 2025-26.
In his letter to Mr Gove, Sir Peter wrote it is "almost inevitable" the council will issue a section 114 notice before setting its budget for 2025-26. "In 2024/25, in common with many others, we face substantial cost pressures. Savings are increasingly difficult to find. She said: "It is a legal requirement for councils to provide some services, such as social care, and if the cost of these services continues to go up, either the government must provide more money or other services will have to be cut."He said: "It means the loss of parks, sports, museums, libraries, cultural services, theatres - all the things that make our city a liveable place.A Department for Levelling Up, Housing and Communities spokesperson said: "We have made £5.
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