eglnyt
"...the Regulator only allows NATS to make a profit in order to fund the investment program."
It's unfortunate that you make a very direct statement in an effort to support your management position of wanting a 'yes' vote but when asked for a straight answer you obfuscate.
Never mind, I watch pmq's regularly so i'm quite used to it.
I'm sure it would be quite happy for NATS to use any part of the profit not already earmarked for investment to pay pensions...
Such as...
£20.9m spent on exceptional redundancy and relocation costs
£15.8m early repayment charge on the shareholder loan notes
£65m shareholder loan notes themselves
£5.5m expected savings from above repayment in 2009
So that's over £100m.