Canal ranger Mark Baker (pictured) says they don't know why it started sinking. It is possible the contractors who were doing the tree surgery work dropped heavy logs into the boat and pierced the hull. Or it might have simply rusted through over the years.
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A woman from Gloucester who was conned out of £5,000 is warning others not to fall victim to the same scam.
Some people in North Prospect say they do not want to leave as the local housing association continues its regeneration.
A chilly start with bright spells and scattered showers. These will gradually ease off through the afternoon.