Less than justice
13th June 1975, Page 25
13th June 1975
Page 25
Page 25, 13th June 1975
— Less than justice
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Keywords :
Local Government In England, Leicester, Local Government In The United Kingdom, Business / Finance
In his recent report the chairman of National Freight Corporation does himself less than justice. His failure is not so great as he would lead us to believe. The operating companies have made profits as follows over the years : 1971 £8,089,000 1972 £5,863,000 1973 £5,387,000 1974 £459,000 The net loss of NFC has risen from £1,645,000 to £12,280,000, but the operating companies have only got worse by the above figures. Many of these additional items are interest charges to finance the overseas developments and meet an increase of £1 million on his headquarters at Argosy House.
WILLIAM SHELLEY, Leicester.