Are North East Lincolnshire Council's capital investments in Cleethorpes resort the best use of borrowed funds?

North East Lincolnshire Council has invested heavily in Cleethorpes resort, including a £7.2 million restoration project and £18.4 million in Levelling Up grants for key initiatives. Officials defend the spending as essential for boosting tourism and transforming Cleethorpes into a trendy year-round destination amid calls for more investment. The council is planning its 2026-2027 budget and borrowing funds to support such capital projects.