birmingham's treasury dropped $110 million in the red, not only western, middleland inflation eats upf royal universities. already on the streets railway workers lawyers workers air travel anti -crisis manager from downing street blames budget holes on seasonal clouding on lost bag ratings and suggest the kingdom is no longer the same but financial time pressure in british english evgeniy belousov if you want to know how to destroy your economy. ask the british the second largest city in the uk has declared bankruptcy, we're talking about birmingham authorities took this step because of a record budget deficit, which amounted to almost $110 million. the city council reported financial insolvency, as it was unable to balance its budget and was forced to. suspend all expenses, except urgent ones, members of the city council told the public that they were waiting for a golden decade just to get re-elected, but in fact they built fool's gold, where the calculations are paid and there is no actual reimbursement, debts according to local authorities. this is due to the sharp growth need for