The NEC could be sold by city council to pay legal claims

LOCAL landmarks such as the NEC could be sold to pay legal claims over equal pay totalling more than £1bn, Birmingham City Council has said.
The authority has agreed settlements with thousands of women who were paid less than men who did equivalent jobs. It has already paid out around £500m.
It is expected to make a statement this morning detailing how it will raise the cash to pay for the outstanding claims.
It is understood there is a shortfall of £550m.
The council is likely to sell off some of its assets which include the NEC group – encompassing the National Exhibition Centre, the LG Arena, the National Indoor Arena and the International Convention Centre.