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Bristol Post
Bristol Post
National
Beth Cruse

'Another total waste of taxpayers money' - locals react as Bristol Beacons valued at zero pounds

Bristolians have had their say after an exclusive story by BristolLive found Bristol Beacon, the former Colston Hall, is valued at zero pounds in the city council's accounts, despite a £107million revamp.

Bristol residents have slammed the millions of pounds spent on the building as a "massive waste," adding it could have been spent on new social housing, schools or public toilets.

It comes as the council has written off £39million on the project, costs of which more than doubled to £106.9million after on-site investigations found its crumbling structure to be a "worst-case scenario." It means, in financial terms, Bristol Beacon is effectively "worthless."

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