City of Wolverhampton Council will use the £50m borrowed from the Public Works Loan Board last month to support its capital programme, it has confirmed. The authority was the highest borrower from the PWLB during February. A spokesperson for the authority said: “The borrowing will support our ongoing capital programme which includes significant sums to expand and improve city schools as demand for places grows, and investment in city regeneration programmes which will bring jobs, growth and opportunity to the City of Wolverhampton.”
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