Free cash plea

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CASH is having to be freed earlier by organisations helping to pay for the £11.6m upgrade of Abbotsford House after trustees of the property hit a funding hitch.

Scottish Borders council is expected to release £112,500 from the 10 per cent it was holding back from its £1.5m contribution. The retained cash wasn’t due to be paid until the renovations are completed next spring.

Abbotsford trustees also hope the Heritage Lottery Fund will cut its retention from 10 per cent to 2.5 per cent to help avoid any delays in the scheme.

The trust says it is only facing a cash flow problem and not a shortfall in funding.