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Andy, Roger it is not the case that can't borrow from the private sector. It is that the borrowing is counted as public debt because of the Trust status classification by the ONS [office of National Statistics]. They don't appear to be able to get past that hurdle. Hence both Treasury and DfT will prevent the port expansion, in a nut shell.
Not to Dover's advantage that one. I think virtually everyone agrees that the expansion should go ahead.
I think virtually everyone agrees that the community should obtain benefits from any change of status.
Watty
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