BUSINESS

Risk warning over council development firm

Councillors at Cambridgeshire CC have issued a major warning about a development firm part-owned by the authority.

Councillors at Cambridgeshire CC have issued a major warning about a development firm part-owned by the authority.

An independent report discussed by members warned that This Land, incorporated in 2016 to sell and develop land bought from the council, has sold sites at a loss and may be relying heavily on unsecured new sites in its business plan.

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