William Eichler 27 August 2024

Cash-strapped Brum sells off £56m of assets

Cash-strapped Brum sells off £56m of assets image
Image: Juan Garcia Hinojosa / Shutterstock.com.

Birmingham City Council has sold off an estimated £56m of assets to help tackle its financial challenges.

Since January the local authority has disposed of properties and land, including a city centre car park and a former children's centre.

The former Wheels site in Bordesley Green where a new Birmingham City FC stadium had been proposed has also been sold for more than £30m.

Other properties which have been sold off since the beginning of year include The Punchbowl in Kinghurst and The Elegance Suite in Nechells, according to the BBC.

The council effectively declared bankruptcy last year, following equal pay claims of up to £760m and an IT system overspend of £80m.

Check out: The financial crisis in Birmingham City Council and Selling the family silver.

SIGN UP
For your free daily news bulletin
Highways jobs

Revenues and Benefits Administration Officer

West Northamptonshire Council
£26914 - £27781
The Revenues and Benefits Administration Officer at West Northamptonshire Council provides essential administrative support across the Revenues and Benefits team. The role involves managing emails, indexing documents, raising orders and supporting financi Northampton
Recuriter: West Northamptonshire Council

Strategic Commissioning Manager (Markets Team Manager)

The Royal Borough of Kensington & Chelsea Council
Negotiable
Drive real change in your community - shape the future of careDrive real change in your community - shape the future of careAt the Royal Borough of Ke England, London, City of London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Social Worker - Family Finding, Adoption Mid Essex

Essex County Council
£34902.0000 - £50081.0000 per annum
Social Worker - Family Finding, Adoption Mid EssexPermanent, Full Time£34,902 to £50,081 per annum Location
Recuriter: Essex County Council

Sheltered Housing Officer

The Royal Borough of Kensington & Chelsea Council
£33291 - £34291 per annum
Support residents to live independently in safe, welcoming homes - making every day easier, safer and more connected.Support residents to live indepen England, London, City of London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Team Leader

Durham County Council
Grade 8 £32,597 - £36,363
Salary
Recuriter: Durham County Council
Linkedin Banner