P&O Ferries: Finance

(asked on 17th March 2022) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, how much public money has been given to P&O Ferries in each of the last five years.


Answered by
Robert Courts Portrait
Robert Courts
Solicitor General (Attorney General's Office)
This question was answered on 22nd March 2022

In 2020, the Government bought approximately £11.4M of capacity from P&O Ferries under the Government-Secured Freight Capacity (GSFC) scheme. P&O Ferries also received £4.4M under the 2020 Public Service Obligation (PSO) scheme for the continuation of specified routes. This was on the basis of audited costs and included no allowance for profit.

In addition, P&O made extensive use of the furlough scheme, with over 1,000 staff on furlough at one point.

Given the considerable support P&O Ferries has received from the taxpayer, the Transport Secretary has instructed officials to review all contracts the Government currently has with both P&O Ferries and DP World.

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