It seems that round 3 of the regional growth fund was announced in December last year, with bids being accepted between late Feb and mid June this year. It would seem likely that when Peel Investments purchased the airport from Peel Airports, they would have been aware of the existence of the fund.
The comments from Peter Nears seem quite interesting - looks like he has been told unofficially the money is not coming, but he can't say anything publicly without breaching a confidence.
“We have as yet received no official indication from the Government as to the outcome of our bid for support from the Regional Growth Fund for the Southside Scheme. We will clearly need to review the news if, and when, it is confirmed, but it would be a great disappointment as it was a scheme that was well advanced with occupier interest and it would have produced much needed activity at the Airport as well as create jobs. We remain committed to the delivery of the scheme which is important for the long term prosperity of the Airport.”
How critical is the hoped-for money to the Peel Investments business plan ? The phrase "important for the long term prosperity of the airport" is worrying...
As a slightly more general question, what have Peel Investments said publicly about their business plan for MME over the next few years ?
Last edited by davidjohnson6; 18th Oct 2012 at 14:04.