BUSINESS

Building handover after council loan deadline missed

A state-of-the-art commercial workspace will be handed over to a council after one of the UK’s largest not-for-profit enterprise agencies missed the deadline for repaying a £2.75m loan.

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By Dan Peters | 11 December 2018

A state-of-the-art commercial workspace will be handed over to a council after one of the UK's largest not-for-profit enterprise agencies missed the deadline for repaying a £2.75m loan.

The money was loaned by King's Lynn & West Norfolk BC to Norfolk and Waveney Enterprise Services (NWES) to help fund the construction of the King's Lynn Innovation Centre (KLIC).

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Dan Peters

Popular articles by Dan Peters

  1. Deal reached after mayor launched legal case against own council
  2. Councils could get powers to suspend members
  3. CCN backs reorganisation
  4. Pennycook: Compulsory purchase to be made 'faster and more efficient'
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