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Financial

Wightlink Letter

BUSINESSES UNITE TO OPPOSE EMISSIONS CHARGES THREATENING ISLE OF WIGHT ECONOMY

More than 35 businesses across the Isle of Wight have signed a joint letter warning that Government plans to expand

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3 February 2026
Island Flyer

HOVERTRAVEL ACCOUNTS REVEAL £1.1MILLION LOSS AND GOING CONCERN WARNING

Hovertravel has reported a deepening of financial losses and a collapse in its equity position, with newly published accounts showing

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15 January 2026
Red Funnel Red Osprey

Isle of Wight ferry firm Red Funnel records £32 million loss in 2024

Isle of Wight ferry firm Red Funnel (RF) recorded a loss of £32 million in the last financial year and

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29 December 2025
Red Funnel Ferries

Red Funnel accounts filed – but questions remain

Red Funnel Limited has finally filed its annual accounts for 2024, signed on December 5 and lodged at Companies House

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22 December 2025
Jakob Kjellberg. Photo: Ben Phillips Photography

NEW RED FUNNEL OWNERS PROMISE ‘RELIABLE, EFFICIENT SERVICE’ FOR ISLE OF WIGHT

The new owner of Red Funnel says it aims to deliver a reliable, efficient service that Islanders and visitors deserve.

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2 October 2025
Red Funnel Red Osprey

LOCAL BID TO BUY RED FUNNEL BLOCKED AS PRIVATE EQUITY SWOOPS IN

A behind-closed-doors bid to bring Red Funnel back under local ownership has collapsed at the 11th hour, with Vectis Ferries

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26 September 2025
Wightlink

RMT UNION THREATENS INDUSTRIAL ACTION OVER WIGHTLINK JOB CUTS

The RMT union has confirmed it is now in dispute with cross-Solent ferry operator Wightlink after the company announced restructuring

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18 September 2025
Solent Ferry Protesters

TRANSPORT GROUP ISSUES WARNING OVER PRIVATE EQUITY THREAT TO ISLE OF WIGHT FERRY SERVICES

The Solent Transport Users Group (STUG) has strongly condemned the potential acquisition of Red Funnel by private equity firm Northleaf

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4 August 2025
IOW Ferries and Richard Quigley

Our two ferry companies owe more than half a billion pounds – are Wightlink considering even more loans?

The Isle of Wight’s ferry services are in the spotlight, as IW East MP, Joe Robertson, voices serious concern about

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18 April 2025
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      • View All
      • October 2024 Isle of Wight Ferry Relibility Statistics
      • Sepember 2024 Isle of Wight Ferry Relibility Statistics
      • August 2024 Isle of Wight Ferry Relibility Statistics
    • Reports
      • All Reports
      • Solent Car Ferries 2025
      • Cross Solent Vehicle Ferry Pricing Study 2025
      • WUG Report: Why is IOW Ferry travel so expensive. Oct2024
      • WUG Sept 23 Report & Recommendations
      • Wightlink: The Money The Group The People
      • Accessibility Report
      • Report on Impact of Ferry Travel on Young People
      • The Welsford Report
      • Impact of Physical Separation – 2016
      • User Experiences Report
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    • Fishbourne Parish Newsletter
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  • Home
  • News
    • News
    • Newsletter
    • Cancellations
    • Political
    • User Experiences
    • Events
    • Miscellaneous
  • Have Your Say
    • Letters
    • Feedback to Wightlink
  • About Us
    • About WUG
    • Goals and Objectives
    • Constitution
    • Contact Us
  • Resources
    • The Islander’s Charter
    • Service Status
      • Hovertravel
      • Red Funnel
      • Wightlink
    • Timetables
      • Hovertravel
      • Red Funnel
      • Wightlink
    • Ferry Reliability Statistics
      • View All
      • October 2024 Isle of Wight Ferry Relibility Statistics
      • Sepember 2024 Isle of Wight Ferry Relibility Statistics
      • August 2024 Isle of Wight Ferry Relibility Statistics
    • Reports
      • All Reports
      • Solent Car Ferries 2025
      • Cross Solent Vehicle Ferry Pricing Study 2025
      • WUG Report: Why is IOW Ferry travel so expensive. Oct2024
      • WUG Sept 23 Report & Recommendations
      • Wightlink: The Money The Group The People
      • Accessibility Report
      • Report on Impact of Ferry Travel on Young People
      • The Welsford Report
      • Impact of Physical Separation – 2016
      • User Experiences Report
    • Advertising Standards Authority Complaint Process
    • Fishbourne Parish Newsletter
  • Join Us
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