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The £70,000,000 would have to be spent very wisely indeed if it was to relieve the town of poverty.
There are approx 36,000 souls here so it works out at £1,944 each, hardly enough to have one bloody good party.
However if we club together we could build a hell of a good escape room and while we are in there supposedly solving inane puzzles we could be digging a tunnel through to Yorkshire and freedom!