Birmingham looks to woo private investors after £45m funding deal
Birmingham City Council has had its reliance on Central Government funding eased with a new £45m finance deal.
The council has tied up a deal with Lloyds Bank Commercial Banking for the multi-million bilateral placement and is hoping the move will make the city a more attractive proposition for investors.
The transaction, funded by a single institutional investor, will help to diversify Birmingham’s long term funding away from Westminster bodies and into the private sector.
It will most likely be used to support new housin... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
