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I know that, Howard, but the Government knows that £900 billion or so of national debt cannot be even dented with a sale of Dover Port.
A high-risk venture as is th P/p plan would lead to a high-risk situation in Dover Port. A State asset without debt, and with an annual profit of between £15 million and £25 million, is better.
Let's not forget the substantial investments that DHB say are necessary for Eastern Docks alone, and for repairs in Western Docks, apart from a T2.
With a £400 million debit burden added, and increasing oil prices, the venture proposal is one of extremely high risk and uncertainty.
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