£250,000 rent lost on city building

Council lets prestige offices site for free over 20 years
Evening Chronicle
Thursday 11 January 2007
By Peter Young

Critics are calling for an investigation after Newcastle Council allowed prestige city centre offices to be occupied rent-free for 20 years.

It's now been revealed that the potential cost in lost rent to city taxpayers is between £230,000 and £250,000 and there's a call for the independent public spending watchdog, the District Auditor, to investigate. Read the full story here