Payout in Scot gov agency court fight over Cairngorm rail costs
A leading Scottish Government economic development agency says it has received £11m after settling court action against constructors and designers…
Source: heraldscotland.com
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Taxpayers incur £52m bill over Cairngorm railway as repair costs soar
THE COST to the taxpayer of the UK's highest railway which shut four years ago has soared to nearly £52m - with the costs of crucial repairs…
Source: heraldscotland.com
Officials considered Cairngorm mountain resort closure as repairs bill soars
OFFICIALS have considered shutting the Cairngorm mountain resort for good as concerns escalate over the costs to the taxpayer of its railway, the…
Source: heraldscotland.com
£26m fail: Scot gov agency sues creators of shut Cairngorm railway for £14.5m
A LEADING Scottish Government economic development agency is suing the constructors and designers of the UK's highest railway which closed three years ago due to structural problems for £14.5m. The Highland and Islands Enterprise action against the company that owns Morrisons Construction has come as it has emerged that ministers had to refund part of an EU grant for the original Cairngorm funicular because of discrepancies in the way it tendered for the work as costs spiralled from £14.8m to £26.75m. The publicly funded agency controlled by ministers faces the prospect of having to ...
Source: heraldscotland.com