Charnwood Borough Council

The historic event draws thousands of visitors to the town each year.

Councillor Margaret Smidowicz says the site was planned on the "worse point" of the campus.

Healthcare facilities, shops, play areas and sports pitches will also form part of Thorpebury.

Charnwood Borough Council says it cannot afford to complete the project.

It says the decision was "not made lightly", citing financial concerns.

The authority says the complexes are "beyond repair" and that it cannot afford to replace them.

An innovative planting method will be used to create the forest in an area as big as a tennis court.