Finances are out of control
I am very concerned by the massive overspend on the Devonshire Park project.
In light of that overspend, I wonder is the Liberal Democrat borough council capable of managing the development of the new Sovereign Centre?
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Hide AdAt the time the proposed new Sovereign Centre was announced, almost 18 months ago, the cost was put at £24m. Who knows what the cost has escalated to now? After all, the Devonshire Park costs went up by 20 per cent in a matter of months, so I can only imagine that the estimated cost of the new Sovereign Centre is now at least in the region of £29m, and very probably considerably more.
Our town’s Lib Dem-run council seems to have lost its grip on financial reality as more and more expensive projects appear to be going out of control.