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Sun November 01 2020

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Troubled Edinburgh tram scheme seeks £55m bailout

18 Jun 10 The crisis-hit Edinburgh tram construction project is set to borrow a further £55m to help it through funding problems.

The crisis-hit Edinburgh tram construction project is set to borrow a further £55m to help it through funding problems.

BBC Scotland said the city council has drawn up contingency plans to borrow extra cash to fund a cost over-run.

The £545m scheme is already behind schedule and over-budget.

Meanwhile, there are question marks over contractor Bilfinger Berger's involvement in the Edinburgh tram scheme.

Two weeks ago, the firm was given a deadline of three weeks to resolve problems on the project.

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