Detroit files for bankruptcy

The city of Detroit in the United States has become the largest American city to file for bankruptcy. It has debts of more than £11 billion.

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Detroit official: 'Bankruptcy gives us breathing room'

Detroit's state-appointed emergency manager has told a press conference that the move to bankruptcy was "tool" to give the city "breathing room".

Bankruptcy is a tool in our toolbox to get at the goals that we want to achieve.

It gives us breathing room. We are being sued on almost a weekly basis and that's the very thing that I have pleaded for - not to happen.

– Detroit's state appointed bankruptcy manager Kevyn Orr

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    Detroit, once a booming American metropolis, has become the largest US city to file for bankruptcy, with debts of at least $18bn.