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We were against the i360 loan from the start
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Last week we received the sad, but not unexpected news, that the i360 had gone into administration. Since its inception in 2016, the attraction has failed to meet the income projected by its owners, and has repeatedly been unable to make repayments to the City Council. The news of its failure is bad news for the city – both the staff whose futures are now uncertain and who I am concerned for, as well as ordinary residents who are left footing the £51 million its owners owe to the public purse
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$$PROMO_BLOCK$$
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