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Auditors cast 'significant doubt' on North Yorkshire Moors Railway's ability to operate as a going concern

Auditors cast 'significant doubt' on North Yorkshire Moors Railway's ability to operate as a going concern
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£2.25m grant helps secure the future of heritage railway

A HERITAGE railway has received a £2.25m grant to secure its future. North Yorkshire Moors Railway (NYMR) has secured the new funding through Santander UK and the Coronavirus Business Interruption Loan Scheme (CBILS). NYMR closed during both lockdowns, reopening when it was able to do so in line with government guidance and social distancing measures. The CBILS has enabled the trust to keep operating and helped it to make changes so that it can continue welcoming visitors and diversify its services for years to come. “It’s an understatement to say that this year has been challenging for us,” said Garry Mumford, finance director at NYMR.

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