William Eichler 11 June 2024

Newcastle council borrows £8m for shopping centre revamp

Newcastle City Council has borrowed £8m to invest in a major shopping centre redevelopment.

Eldon Square in Newcastle is set to undergo a £65m overhaul which would see a former leisure centre and the top floor of a vacant Debenhams turned into a food, leisure and entertainment space.

The council, which holds a 40% stake, has agreed to take out a £7.8m loan to contribute to the development.

The redevelopment is expected to create up to 900 jobs and bring in £1m a year.

#Regeneration #Investment

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Director of Social Work and Social Care

£100,731 to £104,625

You will join a values-driven senior leadership team, providing visible and responsive leadership. Manchester

Recuriter: Trafford Council

Housing Ombudsman

£130,095 per annum, negotiable based on experience.

The Housing Ombudsman Service allows colleagues to choose if they wish to work in the London office, from home or a hybrid of the two London (Greater)

Recuriter: Housing Ombudsman Service