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Brighton grapples with 'high risk' loan

Brighton & Hove City Council will have to put aside millions of pounds every year to cover a loan labelled ‘high risk’ by auditors.

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By Martin Ford | 10 February 2023

Brighton & Hove City Council will have to put aside millions of pounds every year to cover a £44m loan labelled ‘high risk' by auditors.

The council is to put aside £2.2m every year for 20 years to cover the risk of the loan to the i360 visitor attraction.

Martin Ford

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Martin Ford

Popular articles by Martin Ford

  1. Ombudsman calls for more powers
  2. Call for courage over failing council finances
  3. Government will 'not hesitate' to intervene in planning
  4. MPs sound alarm on SEND deficits
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