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  Your guess is as good as mine, Howard. I would prefer it to remain a Trust Port, owned by the nation and with all the profits reinvested. Possibly the government has belatedly realised that this is the best business model but I doubt it. Perhaps the LibDems are keeping their privatisation urges in check.
  
  Perhaps they are realising just how trivial a sum they can expect to receive, the £200m on offer from the Peoples Port is a drop in the ocean when you have a trillion pound debt. They keep asking for DHB to increase the baubles they are dangling in front of the locals so I suspect that they are just waiting to approve the DHB scheme. DHB is restricted from offering the earth because it is all public money and the more they promise the locals then the less there is to give to the government, i.e. the nation.
  
  The admirable but amateur effort by the Peoples Port is all based on putative borrowings and there is nothing to stop them promising anything they like since it is all monopoly money anyway.

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