Credit crunch

Financial credit crunch

Assembly Rooms Renovation Receives Lottery Funding

Submitted by edg on Fri, 18 Mar '11 4.27pm

Edinburgh City Council's controversial renovation of the Assembly Rooms on George Street has received a funding boost in the form a £441,000 grant from the Heritage Lottery Fund (HLF).

Edinburgh Trams Project - Council could have to repay £500 million

Submitted by actionman on Wed, 2 Mar '11 11.29pm

STV News came up with some startling news - that the capital city might have to repay up to £500 million if it is unable to complete the ill-fated trams project. The statement by Ainslie McLaughlin, the Director of Major Infrastructure Projects at Transport Scotland, must have landed like the proverbial bombshell on the City Council.