Originally Posted by
SWBKCB
Does he? As he's quoting the figure as percentage of the budget, is the £40m not the money going out of the door?
And whether the airport is losing £2m or £1m, that money has to be found from somewhere, and then some more to turn it round.
Yes, the £40m will pretty much all go out of the door but will also wipe out the debt in the business. If not, the commitment would be something north of £52m and the mayor would rightly be ripped apart by the Labour councils for using a misleading headline figure.