A "short and sharp reset" is required for Croydon Council to recover from poor performance and high debt levels, the minister ...

Croydon Council has "gone bust" after "running up £1.5 billion in debt," local MP Chris Philp has claimed. The Council issued a Section 114 notice on Wednesday afternoon "due to the severe ongoing ...

Croydon Council became the first London borough in two decades to effectively go "bankrupt" back in 2020. It went on to declare bankruptcy for a third time in November 2022.

Cash-strapped Labour-run Croydon Council has imposed emergency spending restrictions with "immediate effect", the BBC has learned. The Section 114 notice bans all new expenditure at Croydon ...

Croydon Council ‘declares bankruptcy’ and bans spending with Section 114 notice. It is the first time a local authority has issued a Section 114 since Northamptonshire County Council in 2018.

Croydon Council said it had to issue a Section 114 notice to declare bankruptcy after it realised it faced a £130m black hole in next year's budget.

Labour-run Croydon Council has gone bust after running up £1.5 billion in debt following warnings over its “corporate blindness”. The council issued a rare Section 114 notice, effectively ...

Cash-strapped Labour-run Croydon Council has imposed emergency spending restrictions with "immediate effect", the BBC has learned. The Section 114 notice bans all new expenditure at Croydon ...

Croydon Council became the first London borough in two decades to effectively go "bankrupt" back in 2020. It went on to declare bankruptcy for a third time in November 2022.