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FOI reveals Ramsgate port ‘on verge of bankruptcy’ as income falls

Ramsgate port is “teetering on bankruptcy” after income fell by £1.73m in a year, a Kent councillor has said.

Thanet councillor Ian Driver obtained figures through a Freedom of Information (FOI) request to the port, which is owned by Thanet council.

He said the fall in income followed the council’s support for TransEuropa ferry firm, which ceased trading last year.

Reported by the BBC. You can read the full story here. 

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