A cash-strapped Moray Council is selling off the names of streets to businesses, which, The Scotsman paper argues, may open up the possibility of addresses such as Asda Avenue or Tesco Terrace.
The Scotsman writes:
Firms will be able to buy the rights to name roads and landmarks that make up new housing developments. And bosses at Moray Council expect to earn around £20,000 a pop with each sponsorship deal which they hope will help plug a budget black hole. The council needs to make up to £5million in savings by the time of the next budget and is seeking creative ways of raising funds.
See the article in Scottish Housing News
