Council of Despair: One in Four Local Authorities Warn of Bankruptcy

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.

The Local Government Association says a quarter of councils will need emergency bailouts to avoid bankruptcy in the next two financial years. It's yet another demand for funding from a Chancellor already short of cash. We discuss the state of council finances and the options for fixing them, with Bloomberg's UK economy reporter Tom Rees. Hosted by Yuan Potts and Caroline Hepker. 

See omnystudio.com/listener for privacy information.