Teesside-2

[Bill Darlington]

Also Houchen proudly pronounced that there would be a £200 million pound investment into the South side, so that's £194m to go. !?

[MARKEYD]

Oh god please make this thread stop its the worst I think I have ever read 🤣🤣

[Grumpy1]

"Oh god please make this thread stop its the worst I think I have ever read"
The South Side development is intended to be an enduring source of income to assist the airport to survive so its important to those of us who want the plan to succeed.
Fortunaty, reading the thread is not compulsory.

[P330]

Originally Posted by Grumpy1

"Oh god please make this thread stop its the worst I think I have ever read"
The South Side development is intended to be an enduring source of income to assist the airport to survive so its important to those of us who want the plan to succeed.
Fortunaty, reading the thread is not compulsory.

Any chance this nonsense debate could be taken somewhere else. This is genuinely killing what used to be a great forum. Can’t you and Bill just get a room somewhere and go and whinge together there?

[Markushillman]

Originally Posted by P330

Any chance this nonsense debate could be taken somewhere else. This is genuinely killing what used to be a great forum. Can’t you and Bill just get a room somewhere and go and whinge together there?

this thread gets more posts views than Heathrow one of the busiest airports in the world on this forum. Seriously this thread needs temporary closing

[Harold77]

The Airport fully owns the land and will continue to own the land. There has been no transfer of land.

There is £23.6m of drawdown loans available from the TVCA to the airport for the Southside project. This is to allow for infrastructure works to be installed and development to begin.

That has been clear from the very start.

It is the Southside Business Park operating company that is the 50/50 joint venture.


A few years ago I was told that to resurface a mile of road costs £1m, that is just taking the old road surface up and laying a new surface. So to build a new road from nothing, remove a considerable height of land and build a roundabout on an active road with all the foundation work, underground infrastructures and utilities. That is going to cost a considerable amount.

[Convair 440]

Originally Posted by Markushillman

this thread gets more posts views than Heathrow one of the busiest airports in the world on this forum. Seriously this thread needs temporary closing

It's time the Moderators stepped in and put a end to this
It's probably doing Teesside more harm than good whith all this bickering on this thread

[ZULUBOY]

Originally Posted by Convair 440

It's time the Moderators stepped in and put a end to this
It's probably doing Teesside more harm than good whith all this bickering on this thread

Please don't stop it Mods, it's the best thread on here. Love it!!

[Atlantic Explorer]

Originally Posted by Convair 440

It's time the Moderators stepped in and put a end to this
It's probably doing Teesside more harm than good whith all this bickering on this thread

Bickering? All I see is healthy debate. It’s called an internet chat forum for a reason, it’s where people discuss issues. Sometimes the issues are not what other people want to discuss, that’s fine, just click on by and don’t bother reading the thread if it bothers you. I’m struggling to see why anonymous chat on a forum will harm Teeside to be quite honest. The larger issues at hand at Teeside will have much more impact than any of us posting on a forum I would suggest.

[DP.]

Originally Posted by Atlantic Explorer

I’m struggling to see why anonymous chat on a forum will harm Teeside to be quite honest. The larger issues at hand at Teeside will have much more impact than any of us posting on a forum I would suggest.

Quite. If around a dozen people having a back and forth on here about it could truly harm the airport, I think that suggest much more fundamental issues with the place. As I've said upthread, I'm an outsider to this whole debate, but I find the entire discussion about the viability of the airport and Houchen's deep involvement to be absolutely fascinating.

[N707ZS]

Originally Posted by onion

Just how would not paying for something increase income? 🤔

I have had a few days away. To make it more clearer. I am suggesting. If you do not pay for something it does not come up on your accounts as being spent. Thus your profit is greater.

[onion]

Originally Posted by N707ZS

I have had a few days away. To make it more clearer. I am suggesting. If you do not pay for something it does not come up on your accounts as being spent. Thus your profit is greater.

Income and profit are 2 different things.
But in answer to your point possibly but unlikely as it would still appear as a debt not paid!
If this was a bad debt there would more than likely be a specific note to say that this debt has not been paid on time!
Also I'm unsure if payment would have been due in the accounting period anyway.
If it was it would normally appear as a debt owed and be accounted for. It could appear in the accounts to be paid in the following year or over a number of years.
This could be where people are saying said land owner has not been paid... the airport could of negotiated payment begining in x year for a number of years rather than up front or when work was finished!

[SWBKCB]

This could be where people are saying said land owner has not been paid... the airport could of negotiated payment begining in x year for a number of years rather than up front or when work was finished!

All the farmers I've met understand how money works - I'd be surprised if he's saying he's not been paid if the payment wasn't due.

[onion]

Originally Posted by SWBKCB

All the farmers I've met understand how money works - I'd be surprised if he's saying he's not been paid if the payment wasn't due.

I made a suggestion as to where the rumours came from that's all.
Have you spoken to tge specific farmer involved?

[SWBKCB]

No - it's clear I was speculating and talking in general terms based on experience, as were you.

[N707ZS]

Until recently the farmer had not been paid.

[Beafer]

Hunt comments during the budget - Houchen.

During the budget Mr Hunt was praising Houchen!

Houchen will be out at the next election. He will be visiting the Lords each day to claim his £300 daily attendance allowance.

He's done the deals with the rich friends, so wont be short of a bob or two. The shredders will be going late into the night when he loses the next Mayor election.

Tories will lose all of their red wall seats. When Labour take over they will be looking at who got what, and where the money has gone?

You never know Peel may be already talking to the Mayor about buying it back

[N707ZS]

Not the wife's sherry again Beafer.

[highwideandugly]

Benji will get in again..no doubt!

Meanwhile back at the ‘drome’. 3 scheduled departures today…. 18 over previous 5 days…3 ish per day.
How on earth is the airport making any money..especially the concessions in the terminal?

I’m sorry..it must be massive subsidies?

[Markushillman]

Originally Posted by highwideandugly

Benji will get in again..no doubt!

Meanwhile back at the ‘drome’. 3 scheduled departures today…. 18 over previous 5 days…3 ish per day.
How on earth is the airport making any money..especially the concessions in the terminal?

I’m sorry..it must be massive subsidies?

But hey only 6 seats left on the Alicante tomorrow, so thats 183 punters passing through.