Birmingham City Council has decided to sell some of its shares in Marketing Birmingham.
The council’s cabinet voted last week to cut its shareholding in the company from 75% to 49% to remove it from direct political control.
Discover 10 ways councils are stretching budgets further, from digital transformation and energy efficiency to community partnerships and data-driven decision-making.
Joanne Pitt, CIPFA Senior Policy Manager, argues the Autumn Budget must pair funding decisions with long-term reform to secure local government’s future.