Ferguson managers given ‘unacceptable’ bonuses despite ferry cost uncertainty
The ferries were due to cost £97 million but could now set the taxpayer back more than £300 million.
Managers at a beleaguered shipyard were paid £87,000 in bonuses despite a lack of certainty over the cost and delivery date of two over-budget and late ferries.
Ferguson Marine Port Glasgow (FMPG) has been mired in controversy since it was nationalised in 2019 – when problems with the Glen Sannox and as-yet-unnamed hull 802 were discovered.
Originally due to cost £97 million, the two ferries are now estimated to cost at least £293 million and could rise by a further £9 million, according to the Auditor General.
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