Nigel Tett, who owns a hotel in Skegness says the investment is great news for the area. He's also keen for future investment to attract out of season visitors.
A new Dinosaur Adventure Park has opened in Skegness.
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The University of Huddersfield has announced that The Duke of York will succeed Sir Patrick Stewart as its Chancellor.
Tributes have been paid to Irish singer Val Doonican, who has died aged 88. His family said he died peacefully on Wednesday night.