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Brighton writes off £51m loan: ‘a bitter pill to swallow’

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Brighton and Hove City Council has agreed to write off a £51m loan invested in a “notoriously risky” tourist attraction, which has since gone into administration.

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In 2014, the council lent £36.2m to the Brighton i360, a seafront viewing platform, to fund the development of the 531ft tower. The loan

Sitting down with Room151, Enfield’s housing lead outlines the biggest barriers to council housebuilding—and the funding reforms needed to unlock delivery.

(Housing151)