Liverpool Airport – Is this really a good investment for cash-strapped Liverpool City Council?

www.liverpoolecho.co.uk/news/business/liverpool-council-investment-would-support-10319471

The Liverpool Echo has the story – see link above

We all want Liverpool Airport to do well but the reality is that it has been a money looser for many years. So when we hear that Liverpool City Council, which say it does not have a Penny to bless itself with, is about to put money into the potentially continuing black hole it makes you wonder.

What’s more it’s not so long ago (just 6 months actually) that KPMG the auditors for John Lennon Airport said, for want of better words, that it was then a struggling concern. See the link below from my colleague Andrew Makinson on Twitter:-

twitter.com/Andrewmakinson/status/657545069759700992?utm_source=fb&utm_medium=fb&utm_campaign=Andrewmakinson&utm_content=657545069759700992

Spending large amounts of money on speculative investments and paying Joe Anderson’s legal fees whilst moaning that the City Council is all but broke indicates, at best, a confused lack of clear priority setting for the spending of the City Council’s scarce resources in my view.