City's Tramway to Nowhere On Track for a Cash Windfall ; a Stockpile of Steel Left to Gather Rust Since the Merseytram Plan Was Shelved Could Bring a Huge Profit.
Daily Post › November 07, 2007
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Summary
MERSEYTRAVEL is sitting on a windfall. It's not one the transport authority boasts about too loudly, but it's a windfall profit nevertheless.
The windfall arises due to the rising price of steel.See the full content of this document
Extract
City's Tramway to Nowhere On Track for a Cash Windfall ; a Stockpile of Steel Left to Gather Rust Since the Merseytram Plan Was Shelved Could Bring a Huge Profit.
Merseytravel had, prematurely it turns out, ordered millions of pounds worth of steel to be used as track for its proposed new tram lines. But then the sche...
See the full content of this document
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