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Category Archives: Croydon Park Hotel
Administrators accuse council of forcing hotel out of business
EXCLUSIVE: The closure of the Croydon Park Hotel, with nearly 100 employees losing their jobs, could open the way for the site to be used to build more flats. By STEVEN DOWNES A confidential report from accountants carrying out the … Continue reading
Croydon in crisis: Council has been axing jobs since January
EXCLUSIVE: The Town Hall leadership is spinning to giddying levels to pin the blame for the council’s parlous financial position on covid-19, the Tory government… indeed anyone but the people responsible: themselves. But it is now emerging that the council … Continue reading
Posted in Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Tony Newman
Tagged Croydon, Croydon Council, Jo Negrini, Labour, London, Tony Newman, Unison
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Armageddon! Boxpark predicts 50% businesses won’t survive
KEN LEE reports on how one heavily subsidised private landlord in the town centre is now lobbying for yet more public funding Half of Croydon’s retail and hospitality businesses won’t survive the coronavirus lockdown, according to Roger Wade, the owner … Continue reading
Posted in Boxpark, Business, Croydon Park Hotel, Fairfield Halls, Tony Newman
Tagged Boozepark, Boxpark, coronavirus, Covid-19, Croydon Council, East Croydon station, Labour, Roger Wade, Tony Newman
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Council-owned Croydon Park Hotel calls in administrators
EXCLUSIVE: All 91 members of staff at the 4-star town centre hotel were made redundant on Monday, as the impact of the coronavirus pandemic hits the local economy hard. By STEVEN DOWNES The company which operates the Croydon Park Hotel … Continue reading
Shock as leader of council with £1bn property debts is ousted
The leader of a local council which has gambled hundreds of millions of pounds on the property market has been ousted by party colleagues, and may now face an independent investigation. No, loyal reader, don’t get too excited just yet… … Continue reading
Posted in Colonnades, Croydon Council, Croydon Park Hotel, Outside Croydon, Surrey
Tagged Conservative, Ian Harvey, Spelthorne Council, Tory
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Chancellor is taking an axe to councils’ magic money tree
Croydon Council has more than £1bn of borrowings – half of which has gone on Brick by Brick and the purchase of some commercial properties. Proposals contained in the Budget this week could put an end to that, as KEN … Continue reading
Posted in "Hammersfield", Bernard Weatherill House, Brick by Brick, Business, Centrale, Colonnades, Croydon Council, Croydon Park Hotel, Croydon parks, Jo Negrini, New Addington South, Planning, Property, Queens Gardens, Simon Hall, Tony Newman, Whitgift Centre
Tagged Brick by Brick, Colonnades, Conservative, Croydon, Croydon Council, Croydon Park Hotel, Hammersfield, Hammerson, Jo Negrini, Labour, London Borough of Croydon, Selco, Simon Hall, Tory, Westfield, Whitgift Centre
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£29m: Croydon tops the table for flogging off public assets
With inflated claims of returns from the council’s house-builder being compared to a Ponzi scheme, a former council official says, ‘We are in uncertain times and the risks being taken with public money are huge compared to the marginal potential … Continue reading
Schroders’ £500m Ruskin Square stalls over Westfield doubts
Big business is getting twitchy over the slow pace of developments in Croydon, as KEN LEE reports The agenda for the Croydon Labour group brainstorming weekend in Eastbourne this weekend is said to be “thin”. That may be deliberate to … Continue reading
Council pays £53m to buy ‘unloved’ Colonnades centre
The business “brains” at Fisher’s Folly have gone out and splurged £53million of public money to buy the freehold of the “unloved” and rarely visited Colonnades retail and leisure park – just as industry experts are warning that 200 such … Continue reading
Posted in "Hammersfield", Boxpark, Business, Centrale, Croydon Council, Croydon Park Hotel, Property, Purley Way, Simon Hall, Waddon, Whitgift Centre
Tagged Boxpark, Colonnades, Croydon Council, Hammersfield, Hammerson, Labour, London Borough of Croydon, Purley Way, Waddon, Westfield, Whitgift Centre
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Council paid £5m above asking price for Croydon Park Hotel
Under Jo “We’re Not Stupid” Negrini, Croydon Council last month paid £29.8million to buy the Croydon Park Hotel – nearly £5million more than the asking price when the property was put on the market just weeks earlier. Negrini, the council’s … Continue reading
Posted in Business, Croydon Council, Croydon Park Hotel, Jo Negrini, Simon Hall
Tagged Croydon Council, Croydon Park Hotel, Jo Negrini, Labour, Simon Hall
5 Comments
Don’t mention the war! Council moves into the hotel trade
KEN LEE, Town Hall reporter, on the council’s latest wheeze to generate a bit of spare cash by buying up a loss-making hotel The council has bought the Croydon Park Hotel, the 4-star, 55-quid a night tower that’s well-used by … Continue reading
