Skip to Main Content

Peterborough council plans hotel sale to cut debt burden

Image by Julian Dowse, geograph.org

Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

Subscribe

Peterborough City Council is planning to sell an authority-funded hotel, acquired after its developer entered administration, as it seeks to reduce risk and debt

The government has launched a consultation on its proposed business rates reset, potentially leading to a significant redistribution of council funding.

(Shutterstock)