Independent journal on economy and transport policy
01:35 GMT+2
UK port operators blast Government over £35m Liverpool grant
(telegraph.co.uk)
June 4, 2012
By Alistair Osborne telegraph.co.uk
Rival port companies argue the grant contravenes the Government's stated policy for the industry, published in January, that stresses how private companies compete “without subsidy”.
Peel, which runs the Mersey ports, stands to be the major beneficiary of an application by Sefton Borough Council for money from the Regional Growth Fund to help finance a dredging project. The channel deepening is associated with Peel's plans to build a new £226m container terminal capable of handling some of the world's biggest ships ...... Read more on telegraph.co.uk
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