Councils freeze levelling up projects as soaring costs exceed grants

Exclusive: half a billion pounds lost from projects funded by government schemes due to inflation and rising costs

Councils are being forced to freeze levelling up projects or find millions from their own squeezed budgets to complete works because of soaring costs which have exceeded government grants.

At least half a billion pounds has been lost from projects funded by different government levelling up schemes due to inflation and rising costs, the Guardian can reveal. The true losses are likely to be even higher – because for some funds the government will pay out on delivery phase, which could be several years later.

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@europe_says

Councils freeze levelling up projects as soaring costs exceed grants https://t.co/DtFNROBh4F #UnitedKingdom https://t.co/1CZHBEfP2r

Posted on: 2023-02-08 04:31

@GeraldC01208770

RT @lisanandy: Vital projects delayed, downsized or scrapped because the Tories crashed the economy. This is symptomatic of a broken syste…

Posted on: 2023-02-05 16:42

@TillRetweets

RT @lisanandy: Vital projects delayed, downsized or scrapped because the Tories crashed the economy. This is symptomatic of a broken syste…

Posted on: 2023-02-01 09:41

@CruzBilly7

RT @PippaCrerar: EXCL: Councils forced to freeze levelling up projects or find millions from own squeezed budgets to complete works because…

Posted on: 2023-01-31 10:57

@Limey_GB1

5. Not going so well. https://t.co/DWoKJs2zLF (7/7)

Posted on: 2023-01-31 08:59