BUSINESS LOAN TO BLACKPOOL TRANSPORT SERVICES LIMITED
January 13, 2026 Cabinet Member for Economy and Built Environment (Cabinet member) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...approved a £478,000 short-term loan to Blackpool Transport Services Limited to enable them to make payments while they develop a new business recovery plan.
Full council record
Purpose
To seek approval of short term
financial loan to Blackpool Transport Services Limited (BTS) whilst
BTS produce its pending new business recovery plan.
Decision
The Cabinet Member agreed the
recommendation as outlined above namely:
To approve a loan of
£478,000 to Blackpool Transport Services Limited on the terms
set out in Appendix A.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 13 Jan 2026 |
| Subject to call-in | Yes |