Abingdon Street Market costing £700k more with taxpayer to foot some overspend

  • 📰 LiveLancs
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 87%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The public will be footing some of the bill

A multi-million pound project to refurbish Blackpool’s Abingdon Street Market has over spent by more than £700,000, with the council set to foot some of the outstanding bill.

Changes to the original designs have been blamed for the overspend on the £3.6m scheme, funded by the government’s Getting Building Fund. Coun Tony Williams, leader of the opposition Conservative group, blasted the council for the delays and overspend.He said: “This is just another in a long line of over budget and late delivery projects this council are responsible for.

The council said some of the overspend, around £300, 000, will be met by the market’s operators including an initial £100,000 payment towards fitting out costs with a further £200,000 generated from revenue from the first year of food and drink trading. The council will contribute the remaining £363,400 towards the shortfall.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines