Airport wrangle leads to £1m loss
The Herald|November 29, 2024
LEASEHOLDER FIRM REVEALS SIZE OF DEBT
WILLIAM TELFORD
Airport wrangle leads to £1m loss

THE company which controls Plymouth's disused airport says the cost of maintaining the site and fighting legal claims from Plymouth City Council has lost it nearly £1 million.

Newly released accounts for Plymouth City Airport Ltd, the subsidiary company which holds the long lease on the 113-acre site, shows a huge deficit for 2023/24. The firm said the loss of £927,000 was up from a deficit of £612,000 in 2023.

Writing in a directors' report and financial statements for the year to the end of March 2024, company secretary Natasha Gadsdon said: "The loss reflects the costs associated with maintaining the former airport site." She said this includes interest and "exceptional costs" of legal advice to refute Plymouth City Council's claim that the company is in breach of its long lease.

هذه القصة مأخوذة من طبعة November 29, 2024 من The Herald.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 29, 2024 من The Herald.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE HERALD مشاهدة الكل
'SIGNIFICANT' RULES BREACH
The Herald

'SIGNIFICANT' RULES BREACH

FA REVEAL REASONS FOR 45,000 PITCH INVASION FINE

time-read
5 mins  |
November 30, 2024
Rooney explains lack of action for Rami AI Hajj
The Herald

Rooney explains lack of action for Rami AI Hajj

WAYNE Rooney has given his reasons why Rami AI Hajj has not featured much for Plymouth Argyle lately as they have found points hard to come by in the Championship.

time-read
1 min  |
November 30, 2024
Gyabi: We are going to need the Green Army by our side for the rest of the season’
The Herald

Gyabi: We are going to need the Green Army by our side for the rest of the season’

MIDFIELDER Darko Gyabi has spoken about the importance of the support of the Green Army to Plymouth Argyle's players ahead of the away game against Bristol City today.

time-read
3 mins  |
November 30, 2024
The Herald

FA Cup third round draw details

PLYMOUTH Argyle will find out their Emirates FA Cup third round opponents when the draw takes place on Monday, December 2.

time-read
1 min  |
November 30, 2024
Food banks should never be the norm
The Herald

Food banks should never be the norm

BUT FOR NOW, THEY REMAIN VITAL TO MILLIONS OF PEOPLE IN BRITAIN

time-read
3 mins  |
November 30, 2024
MPs in historic vote for assisted dying Bill
The Herald

MPs in historic vote for assisted dying Bill

ASSISTED dying could be legalised in England and Wales after a historic vote saw proposed legislation clear its first hurdle in Parliament.

time-read
2 mins  |
November 30, 2024
Haigh resigned after further info emerged’ No.10
The Herald

Haigh resigned after further info emerged’ No.10

DOWNING Street declined to say whether the Prime Minister knew about Louise Haigh's criminal conviction and said that \"further information\" had come to light before her resignation.

time-read
1 min  |
November 30, 2024
Gregg Wallace facing more accusations
The Herald

Gregg Wallace facing more accusations

GREGG Wallace has been accused of making \"lesbian jokes\" and \"highly inappropriate\" comments in the latest of a string of complaints made against the TV presenter by people who claim to have worked with him.

time-read
1 min  |
November 30, 2024
World gets first look at restored Notre-Dame
The Herald

World gets first look at restored Notre-Dame

THE restored interior of Notre Dame Cathedral has been unveiled for the first time after more than five years of reconstruction work.

time-read
1 min  |
November 30, 2024
David takes a rest after 37 years of shear effort
The Herald

David takes a rest after 37 years of shear effort

A GARDENER is hanging up his shears after almost 40 years helping to tend a beautiful ten-acre garden on the edge of Dartmoor. David Milburn has spent 37 years at The Garden House near Yelverton.

time-read
1 min  |
November 30, 2024