Thanet Star

Are Manston owners about to go bankrupt?

Strong doubts have been expressed over the ability of the current owners of Manston Airport to continue due to massive debts.

Trevor Cartner and Chris Musgrave brought a majority share in Manston from Stage Coach owner Anne Gloag but their company (Wynyard Park Limited), shows debts of over £30m. This debt is for the financial year ending 2014 and auditors have expressed expressed doubts about the groups ability to continue, say the BBC.

A spokesman for the company has claimed that they have since paid off that huge debt and are, all evidence to the contrary, a great success.

This news calls into question the ability of Stagecoach's Ann Gloag and Wynyard Park's duo to afford to build something worthwhile on the airport site.

At the same time one has to wonder how strongly they can actually afford to resist a competent Compulsory Purchase of the site.

Only time will tell.

What do you think will happen?

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Sales Madness at Tesco

A sharp eyed reader spotted this image of sales madness at Westwood Cross at 1:30am.

I would not want to be one of the poor checkout assistants working this shift.


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Is Manston costing us jobs?

Rumour has it that a company in Kent will be leaving at a cost of 300 jobs because they need to be near an airport.

At this stage all I have is social media rumour and talk but is anyone able to provide anything more solid in terms of information?

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Are TDC about to back out of Manston?

Have TDC have rolled over for big business and house building at Manston?

Manston Airport

Not even twenty-four hours after Thanet Star asked if there was a u-turn in Labour policy on Manston news has emerged of a u-turn on Labour policy on Manston.


Iris Johnson the Labour leader of TDC has suggested in an ITV interview that she might not CPO against the new owners if they can produce jobs for Thanet in sufficient numbers.

However Kent News reports that the Manston CPO is still underway. Furthermore the TDC website suggests that the CPO study is still under way, at least for now.

So is Ms Johnson telling us that TDC are just going through the motions to keep the peace with this CPO?

...

» Continue Reading: Are TDC about to back out of Manston?

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Will Manston now become houses and a shopping mall if TDC roll over?

Two days ago Manston Airport was sold to housing developers and it looks like TDC are actually considering letting them build.

The buyers are Trevor Cartner and Chris Musgrave. These are (some of) the gentlemen behind the Discovery Park deal at the Pfizer site in Sandwich. However Ms Gloag is not entirely out of the picture having sold them only a majority stake.

In reaction to the announcement of the sale Thanet's Liberal Democrat Parliamentary candidates George Cunningham and Russ Timpson said that the news should not deter Thanet District Council pressing ahead with the CPO process.

The local Chamber of Commerce has prepared a carefully-costed business plan which shows Manston can be made viable again. A move which has wide ranging public support but less political will to make it happen.

The nature of the "sale" means that if house building goes ahead Ms Gloag still gets her payday but that now she has less risk and stronger allies. Something that might be giving Thanet District Council second thoughts over the Compulsory Purchase Order (CPO) of Manston.

Indeed these new owners have said the airport has closed, the equipment has been sold and it will not reopen. Something that many in Thanet feel is an unacceptable attitude that amounts to sticking your tongue out, thumbing your nose and saying "ner-ner, we've got the airport and there's nothing that you can do."

...

» Continue Reading: Will Manston now become houses and a shopping mall if TDC roll over?

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Did you know?

Margate was the first seaside resort to introduce deck chairs way back in 1898.

Facts
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Did you know

MP Roger Gail (thanet North) wanted to increase VAT

Facts
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Did you know

MP Roger Gale (Thanet North) has never voted on measures to reduce tax avoidance

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Too popular

On Wednesday 28th May the article The staggering truth about Gloag's Manston deal was so popular that it was briefly unreachable as the server could not supply pages fast enough.

Facts
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Did Labour Lie?

Who actually believes TDCs Health and Safety line? Comment now on Thanet Star.

Questions
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MRP Minutes

All of the Margate Renewal Partnership Board Meeting Minutes (Via FOI)

General
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Manston Airport

Two weeks to find Manston Airport buyer says North Thanet MP (via BBC)

General
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CCG to review

Thanet CCG told by High Court judge that policy on assistive reproduction technique is “unlawful”. [link]

General
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Good comments

Generally longer, more in depth, comments get flagged as spam less often.

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