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Deep Dive Floating Bridge 6

The most detailed and comprehensive breakdown of the costs of operating Cowes Floating Bridge 6 was shared with News OnTheWight, by the Floating Bridge Stakeholders’ and Engineers’ Group.

Our series of seven articles lays out details of the losses and additional costs.

See the series below.

29, October 2020·1 min read

FB6 costs #3: Not running the Floating Bridge in September led to a loss of nearly £100,000 in just one month

Comparing the income and expenses of the Floating Bridge in September and August 2020, News OnTheWight has discovered those two months alone generated massive losses

18, November 2020·2 min read

FB6 deep dive conclusion: Floating Bridge 6 ‘a resounding failure and bottomless money pit’ say stakeholders

Here you can find a breakdown of all the investigations on the costs for FB6 – made on the basis of an FOI request by the Floating Bridge Stakeholders’ and Engineers’ Group, who have labeled FB6 ‘A resounding failure and a bottomless money pit’

seaclear holding the floating bridge in place -

29, October 2020·2 min read

FB6 costs #2: Over £1m paid to Private Contractors and ‘Professional Services’ in just over two years

Breaking out some of the details, News OnTheWight examines the £1m+ paid to Private contractors and ‘Professional services’ in just over two years. The first of the detailed articles examining the true costs of running Floating Bridge 6

30, October 2020·2 min read

FB6 deep dive #4: Last two years of Floating Bridge ticket earnings revealed

If you’ve been wondering ‘How much income has the Floating Bridge been bringing in?’ we’ve got the answers for you

5, November 2020·1 min read

Which companies have been paid how much for ‘Professional Services’ and ‘Other Private Contractors’ for the Floating Bridge: Deep dive #6

We now have the breakdown for ‘Other Private Contractors’ payment of £383,750 and ‘Professional Services’ of £175,793 for the Floating Bridge

floating bridge 6 in the River Medina approaching East Cowes slipway

30, October 2020·1 min read

FB6 deep dive #5: This is what it costs to run the Floating Bridge service. Here are the last two years of costs broken down

We have already published the details of all the Floating Bridge income for the last two years - now we’ve got the last two years’ worth of costs for you - broken down into each section. You might find some figures surprising

Accounting calculator on yellow background

17, March 2022·3 min read

New eye-watering losses for Floating Bridge 6 revealed in News OnTheWight investigation (Updated)

When comparing the running costs, capital expenditure and income the losses are eye-watering. News OnTheWight shares a detailed breakdown of the latest costs since our last Deep Dive series

Floating Bridge 6 with boats in the background

29, October 2020·2 min read

Huge losses for Floating Bridge 6 revealed in this most comprehensive breakdown of running costs

A well-crafted FOI request has extracted the most comprehensive breakdown of the Floating Bridge running costs right up to Sept 2020. Here’s the overview

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