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Old 24th May 2021, 08:50
  #510 (permalink)  
southside bobby
 
Join Date: Aug 2008
Location: bishops stortford herts
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Just the web of semantics & "snow" that is...oh yes Luton Airport.

Luton Borough Council was granted £60m from the Public Works Loan Board to lend it to LLAL to ensure its stability.
Luton Borough Council was also granted a £35m emergency capitalisation direction for 20/21 by the Government in Feb with a further £14m expected this financial year .This support is tied to an assurance review that will explore reducing the council`s financial exposure to the airport.
No councillors of course don`t 'run' the airport but are certainly charged with oversight regarding financial matters on behalf of & with the granted trust of local taxpayers.
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