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WELWYN HATFIELD DC FACES SELL OFF TO PAY DAMAGES

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Welwyn Hatfield DC could be forced to sell off its council housing stock to help pay the£49 million damages awarde...
Welwyn Hatfield DC could be forced to sell off its council housing stock to help pay the£49 million damages awarded to developer Slough Estates by the High Court last year.

The council, which was found to have lied to the firm over key planning issues, is seeking permission from the DoE to use capital receipts from asset sales to pay the bill.

A Welwyn Hatfield spokeswoman rejected suggestions that the council had firm plans to transfer its stock, valued at more than£100m, insisting a sale was simply an option.

An interim payment of£10m has already been made. Council chief executive David Riddle and solicitor John Anderson remain suspended on full pay.
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