Tuesday 26 October 2010

The Newquay Airport gamble

An interesting snippet from yesterday's media briefing on Cornwall Council's cuts - if the council stopped paying the £5m/year Newquay Airport subsidy, the European Union would "claw back" £28 million in grants. This was one of the main reasons the council has decided to continue funding the project. But the arithmetic is pretty straightforward. I look forward to asking the question again in 2016.

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