Officials fear they may end up £50m short of the spiralling cost of the Melton Mowbray bypass
Plans for a town bypass are under threat from spiralling costs and inflation, council bosses have warned.
The county council says the road is needed to help ease daily traffic congestion in Melton Mowbray town centre and campaigners have been calling for a bypass for many years. Senior officers said contractors were due to calculate an updated cost in October which could potentially be 15% higher still, taking it above £120m.The government says it will contribute £49.5m towards the scheme, subject to it approving a business case.Housing developers are due to contribute £14m to the scheme and the Leicester and Leicestershire Enterprise Partnership has pledged £4m.
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