‘Devastating’: council rejects Frome residents’ bid for regeneration project

Locals raised £1m for Mayday Saxonvale scheme involving homes and park but Somerset officials agreed deal with London-based real estate companyA bold bid by residents of a progressive town in the English West Country who raised almost £1m to create what could have been the UK’s largest community-led regeneration project is in tatters.More than 1,000 residents of Frome in Somerset had clubbed together with the aim of…