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.