Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Finance chief defends 'essential' borrowing
The Herald
|February 15, 2025
PLYMOUTH'S finance chief has defended the council's decision to increase borrowing to nearly £1bn saying it is essential to regenerate the city and create jobs.
Cllr Mark Lowry, Labour's cabinet member for finance, said that without borrowing huge sums the council would not have been able to build the Life Centre, The Box, its new crematorium or invest in new infrastructure.
He said: "Some of the biggest achievements in the city would not have been possible without our contribution from borrowing. And in many cases, without our contribution from borrowing, that investment would have simply gone elsewhere and Plymouth residents would have lost out." Cllr Lowry was speaking after PlymouthLive reported that the amount borrowed by the council is set to leap by £95m next year and is predicted to be close to £1bn by 2028.
Esta historia es de la edición February 15, 2025 de The Herald.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Herald
The Herald
Cancer drug trial results 'remarkable'
A DRUG for advanced prostate cancer has shown “remarkable” results in an early-stage trial, experts have said.
1 min
February 28, 2026
The Herald
Victim demands inquiry as 'there's more to come out'
EXPOSE ANY COMPLICITY, SAYS VICTIM OF ALAN HARRIS
6 mins
February 28, 2026
The Herald
Huge profits for city centre regeneration firm
CONSTRUCTION GIANT MADE £233 MILLION LAST YEAR
2 mins
February 28, 2026
The Herald
HIT THE ROAD JACK
Jack Whitehall is taking the Brits north to Manchester as he hosts the music awards bash for a record sixth time. MARION MCMULLEN learns more
4 mins
February 28, 2026
The Herald
Plymouth's Dan goes into big fight inspired by meeting Parker
PLYMOUTH teen boxing professional Callum Dan has met with one of the sport's highest-profile figures as he prepares for his latest contest in Thailand tonight.
1 min
February 28, 2026
The Herald
Bill Clinton faces Epstein inquiry
FORMER President Bill Clinton was testifying on Friday before members of Congress investigating convicted sex offender Jeffrey Epstein, answering for his connections to the disgraced financier from over two decades ago.
1 min
February 28, 2026
The Herald
Beryl Cook painting to be auctioned off
THE Beryl Cook exhibition at The Box, which has been running since January, has renewed interest in the work of one of Plymouth’s most recognisable artists.
1 min
February 28, 2026
The Herald
Thousands of trials delayed until 2028
MORE than 2,600 trials at crown courts in England and Wales are not due to be heard until at least 2028 - including 29 trials listed to begin as far ahead as 2030, new data reveals.
1 mins
February 28, 2026
The Herald
The night the sirens were silent
CITY BOMBARDED AFTER FATAL MISCALCULATION
1 mins
February 28, 2026
The Herald
Albion welcome Blackheath as Cornish is ruled out for season
PLYMOUTH Albion welcome old rivals Blackheath to Brickfields today in what promises to be one of the defining fixtures of the National One run-in, a clash loaded with narrative, revenge and genuine promotion significance.
3 mins
February 28, 2026
Listen
Translate
Change font size