Afternoon all, below is a letter which has been received as part of a response from The Department of Transport to a member of the LCA
Looks like there could be a bit of light at the end of the tunnel, apologies for the crappy cut and paste
Mr Steve Dunlop Chief Executive Scottish Canals Canal House 1 Applecross Street GLASGOW G4 9SP Our ref: A20730513 13 April 2018
Dear Steve, BRITISH WATERWAYS/SCOTTISH CANALS: GRANT-IN-AID 2018-19 I am writing to formally confirm that Transport Scotland will make available grant-in-aid funding of up to £11.6 million to British Waterways trading as Scottish Canals (hereafter referred to as Scottish Canals) in financial year 2018-19. The funding will comprise resource grant of £8.1 million and capital grant of £3.5 million for assets that Scottish Canals capitalise. Any change within the financial year would be by agreement with Transport Scotland. The grant is paid by Transport Scotland to Scottish Canals under the Transport Act 1968 (as amended) to enable Scottish Canals to deliver its statutory functions to maintain and operate the canals for navigation. It may be used for the creation of new operational canal assets but may not be used in respect of Scottish Canals’ non-operational activity where it is acting commercially within the market. Transport Scotland will make monthly payments to Scottish Canals based on the presented claim profile from Scottish Canals, subject to the agreed grant allocation not being exceeded and grant not being drawn down in advance of need. Scottish Ministers expect Scottish Canals to be mindful of its statutory obligations and core public service function, and to deliver these competently. In particular Ministers expect Scottish Canals to ensure adequate funding is directed to maintenance of its operational assets. Ministers expect Scottish Canals to work in accordance with the agreed canals policy and, like all public bodies, meet the public sector efficiency target of 3% in 2018-19. I would be grateful if you could confirm Scottish Canals’ acceptance of the offer of funding on the terms set out above for 2018-19.
Yours sincerely, Chris Wilcock - Head of Ports, Shipping, Freight and Canals Team