Unexpectedly, Birmingham, the second largest city in the UK, went bankrupt! On September 5, local time, the Birmingham City Council, the UK's administrative body, issued a document stating that due to high debt and a financial shortfall of up to £87 million, it would immediately stop all new government spending, in addition to maintaining public services and other statutory obligations to protect the vulnerable.。When the local government of the United Kingdom issued this "bad" statement, it actually triggered section 114 of the Local Government Finance Act 1988, which states that if the highest financial officer of a local government determines that the government may not be able to spend less in a given financial year, he has the power and responsibility to suspend government-related spending.。Over time, the publication of section 144 became a common practice in the bankruptcy of local governments in the UK。As the second largest city in England by GDP, after London, how could Birmingham fall into bankruptcy?？Two things happened, let Birmingham's financial step by step to collapse。The first was in 2012, when the UK's highest court ruled that Birmingham discriminated against women workers over pay and must pay compensation.。As a result, Birmingham has paid out a total of £1.1 billion in claims over the past decade, but claims spending is still growing at a staggering £5 million to £14 million a year.。The second thing is the government procurement of Oracle IT management system, originally expected to cost 19 million pounds can be taken, but due to various reasons, the project was delayed for three years, the cost soared, as high as 100 million pounds。Birmingham went bankrupt and the British government left it alone.？The answer is, no matter! British Prime Minister Sunak's attitude is clear, he said that the central government's responsibility is not to rescue the financial management of the poor local council。