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…
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…
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…
Red Funnel accounts filed – but questions remain
Red Funnel Limited has finally filed its annual accounts for 2024, signed on December 5 and lodged…
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…
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,…
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…
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…
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…