Date set for Peterborough United to buy back London Road stadium
The football ground was bought by Peterborough City Council in 2010
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Peterborough United will purchase the Weston Homes Stadium and the land surrounding it from Peterborough City Council on March 31.
Nottingham City Council is set to accept a government offer to borrow £20m this year in a capitalisation direction, but the communities secretary has reserved a right to attach “bespoke conditions” to a further tranche due next year.
Robert Jenrick has agreed a deal with Nottingham allowing it to borrow £35m in 2020-21 for revenue costs - £20m this year to “maintain financial resilience” and £15m in 2021-22 to “fund a comprehensive change programme” - a paper to the council s executive board today explained.
This follows similar agreements signed with Croydon and Bexley LBCs, Eastbourne and Luton BCs, Wirral MBC and Peterborough City Council.
CityFibre extends full-fibre network to Peterborough
Former leading altnet to put a further £1.5m into its high-speed broadband connectivity project
Share this item with your network: By Published: 11 Mar 2021 10:00
In its latest tranche of UK full-fibre roll-outs that has in the past few weeks seen networks lit up in Brighton and Hove, Tyneside and the city of Newcastle, communities across the Thames Valley in Berkshire, and Preston in Lancashire, the UK’s third-largest broadband provider, CityFibre, has announced plans to extend its build footprint for Peterborough.
The development is designed to enable thousands more homes to access its full-fibre network and reliable high-speed broadband services, and will see the former leading altnet invest a further £1.5m to boost an original £30m for the development project which has already brought high-speed broadband connectivity within reach of tens of thousands of premises.
| 10 March 2021
In what seems a case of another day, another full-fibre rollout, former leading altnet CityFibre has announced a £1.5 million extension to its £30 million development project for the provision of gigabit broadband connectivity to tens of thousands of premises in the city of Peterborough.
In September 2020, the company, which claims to be the UK’s third largest broadband provider, claimed to have hit a major milestone in Peterborough when it officially passed the halfway mark on its original build plan. Now, with what CityFibre says is no less than “huge” demand for full-fibre services, the villages of Glinton and Eye are being added to the roll out, with work starting in the areas this month. Services are now live for users across many areas of Peterborough, including Dogsthorpe, Paston, Walton, Eastfield, Park, Orton Southgate and New England.
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