‘Bankrupt’ council owns art worth £451m’Bankrupt’ council owns art worth £451m

This article was first published by BBC News.

Birmingham City Council owns an artwork collection valued at almost half a billion pounds, a BBC investigation has discovered.

But none will be sold off to help tackle the financial challenges at the council which declared it was effectively bankrupt last year.

There were no proposals to sell any artworks and many of them were gifts to the city from donors who wanted them on public display, a council spokesperson said.

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