Birmingham City Council today said it's received equal pay claims totalling £757 million from women who were paid less than men for doing the same job.
It also revealed that it will be receiving more claims following a court ruling which will allow women who believed they were discriminated against to lodge claims until 2018.
The council doesn't have the money to pay the £757 million in claims and needs to borrow it.
The interest payments will amount to £75 million a year by 2015/16.
Sir Albert Bore, the leader of the city council said they're considering cutting services it doesn't have to provide by law.
The council has to pay these claims - in addition to saving £600 million a year for the next five years.
More top news
Brighter skies will develop through thisafternoon, though perhaps with the odd shower at times.
It will be a largely cloudy start with a band of rain sinking south across the area from midday.
An MP has provoked anger over comments she made on her Facebook page about junior doctors 'holding the NHS to ransom'.