Teesside-2
It's on Ben's Facebook Page and presumably for the Willis development rather than for the much needed GA hangarage ?
"We’ve secured another £1️⃣5️⃣m from Govt today!
Over recent weeks I’ve been working with Government to secure funding for:
✈️ New Hangars at Teesside Airport in addition to the investment being made by Willis and Draken expanding at our airport
🏬 New developments at Gresham in Middlesbrough as part of the work we’re planning as part of the new Development Corporation
With huge demand for hangars at the airport and an eye sore in Gresham that’s been sat empty for years, this investment will help us regenerate Middlesbrough and continue to grow our airport 💪"
"We’ve secured another £1️⃣5️⃣m from Govt today!
Over recent weeks I’ve been working with Government to secure funding for:
✈️ New Hangars at Teesside Airport in addition to the investment being made by Willis and Draken expanding at our airport
🏬 New developments at Gresham in Middlesbrough as part of the work we’re planning as part of the new Development Corporation
With huge demand for hangars at the airport and an eye sore in Gresham that’s been sat empty for years, this investment will help us regenerate Middlesbrough and continue to grow our airport 💪"
Where are the hangers…if not for the airport..who are the hangers for ? Are the airport subsidising Willis etc?
Doesn’t seem fair..£15 million could sort a few area problems out?
Doesn’t seem fair..£15 million could sort a few area problems out?
Join Date: Jul 2003
Location: North East
Posts: 523
Likes: 0
Received 0 Likes
on
0 Posts
Also as I ve pointed out before NCL has to refinance over the next 2 years.... at what price?
£240m negative balance sheet with an increase of £15m doesn't look good and when you consider they have debts of £400m and needing to refinance! I'd rather be a Teesside tax payer! How many North East taxpayer know they are subsidising NCL to such an amount?
Join Date: Apr 2002
Location: Scotland
Posts: 2,117
Likes: 0
Received 0 Likes
on
0 Posts
Depends on the next pandemic! Also MME has a much more diverse mix.
Also as I ve pointed out before NCL has to refinance over the next 2 years.... at what price?
£240m negative balance sheet with an increase of £15m doesn't look good and when you consider they have debts of £400m and needing to refinance! I'd rather be a Teesside tax payer! How many North East taxpayer know they are subsidising NCL to such an amount?
Also as I ve pointed out before NCL has to refinance over the next 2 years.... at what price?
£240m negative balance sheet with an increase of £15m doesn't look good and when you consider they have debts of £400m and needing to refinance! I'd rather be a Teesside tax payer! How many North East taxpayer know they are subsidising NCL to such an amount?
Join Date: Jul 2003
Location: North East
Posts: 523
Likes: 0
Received 0 Likes
on
0 Posts
Going off topic but details of NCLs refinancingcan be found here. Press release dated 1st December 2022.
We'll just have to wait for the next accounts I suppose.
You wouldn't expect that sort of detail in a press release, but I think the main point is that the deal has been done, not needs to be done.
Maybe leave Mr Parkin's legacy to the Newcastle thread, enough to discuss on here already!
Given yesterday's announcement, I'm not surprised. Is there much council tax money going into MME?
Maybe leave Mr Parkin's legacy to the Newcastle thread, enough to discuss on here already!
I'd rather be a Teesside tax payer!