LIVERPOOL Port is one step closer to
becoming a turnaround port, following a
£8.8m repayment to the British Govt by
Liverpool City Council.
Restrictions stopping it from becoming a
turnaround port and thus potentially
poaching cruise trade from other ports were
put on the facility in 2007 after it received
grants from the UK Government and EU to
develop its facilities.
However earlier in the year the Department
for Transport reneged and said that Liverpool
could become a turnaround port if it repaid
the lump sum of £8.8m or £12.6m over 15 years.
Liverpool is not yet in the clear however, with
EU authorities hinting that they may also
require repayment if Liverpool goes ahead
with turnaround plans.
