FINANCE

Stockton gets 'cautious go-ahead' to borrow £17m

Prudential borrowing of up to £17m has been approved by Stockton-on-Tees BC to build a 125-bedroom hotel.

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By Dan Peters | 06 July 2016

Prudential borrowing of up to £17m has been approved by Stockton-on-Tees BC to build a 125-bedroom hotel.

The amount will allow the council to meet all development costs, fees and capital expenditure.

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Dan Peters

Popular articles by Dan Peters

  1. Unite members to be balloted over industrial action
  2. Ministers: Increase the pace of fixing unsafe buildings
  3. EXCLUSIVE: More than one in three have not published corporate or finance peer challenge in last five years
  4. New Homes Bonus expansion floated
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