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The truths they don't want you to read....

Wednesday, March 21, 2007

Arnish


Does anyone know if the rumours are true and the new tenants at Arnish are about to move in?

It's long overdue as the administrators were touting a potential new buyer as far back as early December, but they still haven't appeared.

In the meantime, local companies - ourselves included - are out of pocket by £250,000 or so for the second time in a few years. However, that doesn't seem to factor on the radar of either HIE, WIE or (bizarrely) the media.

Hopefully, we will have long term sustainability and employment for the islands, but I suspect that the local suppliers will be even more cautious this time around.

However, the biggest winners are Kroll, the administrators, with their fees are already well over £100,000, which is almost certainly not the kind of job creation that WIE had in mind. As the administrator of McDowall's they are coining it in from two sources from the misery of the people in the islands.

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