Tuesday, 28 February 2012

Sleeper sunk by soggy loan?

This from The Herald...

The UK Treasury had offered a £50m contribution to upgrading the sleeper contingent on this being matched by the Scottish Government. The revelation in The Herald today that the Scottish Finance Secretary John Swinney has rerouted this £50m to enable Scottish water to accelerate capital expenditure must raise questions about the future of the sleeper service.

As Gideon's £50m bung to keep the Deerstalker Express on the rails was dependent on match funding from the Scottish Executive this may get interesting.