By Correspondent
Some UK Local Authorities are in dire need of Government support as they face bankruptcy according to a recent report.
The survey was done by the Local Government Association.
A Guardian report says one in four English councils could go bankrupt unless they are bailed out by the government within the next two years.
The Councils are warning of a “worsening crisis” that could result in cuts to vital public services amid a funding gap of more than £2bn next year.
In February an unprecedented 19 councils were given government bailout agreements.
The bailouts, known as exceptional financial support (EFS), are used to meet their legal duty to balance their books.
“This granted councils unusual permission to borrow money and sell land and buildings.
“The LGA warned that it provided only “temporary financial relief” but could overload “already struggling councils with further debt and costs in the future”.
The crisis in the UK mirrors the challenges also faced by Local Authorities in the country.
All the major cities such as Harare, Bulawayo, Gweru and Masvingo face die financial issues.
To deal with that some have resorted to legal channels to recoup lost revenue.
Meanwhile the financial difficulties have led to a negative downturn in service delivery.
