Liverpool Council is expected to reject the opportunity to invest in two new projects at Liverpool Airport.
A shareholder call is to be held seeking capital investment by the company operating the airport in Speke with funding required in the first quarter of the financial year. A report to go before Liverpool Council’s cabinet has recommended the local authority does not offer to stump up cash on this occasion.
In a bid to turn around its fortunes post-covid, two new investment projects have been identified by Liverpool Airport (Intermediate) No. 1 Limited, including the creation of a solar farm. The other is to take over and upgrade an existing fuel farm operation previously operated by Shell.