There is a considerable difference between the fortunes of a teetering private business like Wilko and Birmingham City Council.
Wilko, a private company, runs out of money and calls in administrators as it faces the end of the line.
The council will point to the cost of equal pay claims. Its critics will point to a hugely expensive IT revamp. Issues affecting Birmingham are hitting other councils, which also face bills for equal pay claims, yet have only limited ways to raise revenue. The issue of austerity is also at play, with services cut to the bone and little room to move.
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