Councils on the brink: London authorities on edge of going broke warn services are at risk
London’s town halls have warned they are “teetering on a financial cliff edge” that threatens to drag them into bankruptcy and put local services at risk.
Croydon has already declared bankruptcy three times since 2020, while independent-run Havering has said it is on the brink despite cutting spending — including plans to dim street lighting, cancel Christmas decorations and review bin collections.
It is feared other town halls across London could follow suit, with nearly one in five council leaders in England warning that their boroughs
