Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Peter, your post 139 with this sentence:
    "These are the safeguards which have been put in place to ensure the port stays in local hands in perpetuity."
    makes me note that Dover Port is in Dover and will remain in Dover, it cannot be carried away.

    But you also mentioned the paragony with a mortgage and having to keep ut the payments. In fact, an indebited Port of Dover is just what we do not need. The income would go to pay off the debits, and if the rates are not paid in time: bye-bye ownership of the Port!

    At present, the Port has no debt, and DHB actually have a handsome sum of money from previous Port profits, which can be used to pay for any restructuring needed within the Port that does not exceed that figure, not forgetting that every day new profits derive from the Port.

    Charlie's P/P plan is like throwing away the Gold and giving us the wood with a stone slab on top, with the risk of bankruptcy if we do not pay back debts that currently we do not have.

Report Post

 
end link