ECONOMIC GROWTH

Councils bail out airport

Local authorities are among the shareholders that have been asked to provide loans to Birmingham Airport as it suffers from COVID-19 restrictions.

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By Martin Ford | 17 February 2021

Local authorities are among the shareholders that have been asked to provide loans to Birmingham Airport as it suffers from COVID-19 restrictions.

Birmingham City Council is set to provide up to £18.5m and Solihull MBC £3.7m to the hub as it suffers drastically reduced passenger numbers due to the pandemic - down 91% between April and December.

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Martin Ford

Popular articles by Martin Ford

  1. King's Speech: Devolution takes centre stage
  2. Government go-ahead for solar farms in face of opposition
  3. Rayner asks councils to join 'devolution revolution'
  4. Discharge rush heaps pressure on councils
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