The mountain range of the Cairngorms lies at the heart of the national park, but forms only one part of it, alongside other hill ranges such as the Angus Glens and the Monadhliath, and lower areas like Strathspey and upper Deeside. As we spoke to local people who had investigated Natural Retreats' time on the mountain it became clear the concern wasn't simply what hadn't been invested, it was also what had been taken out. More information can be found at News & Events - Cairngorm Mountain. That's more than the management fees that were signed off by HIE as part of the asset transfer. The Cairngorms is an area of dramatic and rugged scenery, recognised formally by its designation as a National Park in September 2003. Rural Economy Secretary Fergus Ewing said the government and HIE wanted to "unlock the full potential" of the site and to make it an year-round attraction. Natural Assets Investment Limited and Natural Retreats share directors. The BBC is not responsible for the content of external sites. There was other information in the administrator's statement that raises questions about the relationship between HIE and Natural Retreats. HIE approved a new business plan but that investment didn't happen either. So whatever is realised by the administrators could largely be paid back to NAIL. From the beginning some people said what was promised at CairnGorm Mountain was too good to be true. The Mountain Bothies Association was established in 1965, becoming a Scottish charity in 1975, to take on the basic care and maintenance of some of these shelters, with the cooperation of the owners who sometimes help financially. What went wrong? VideoThe road back to Wuhan. Highlands and Islands Enterprise owns them and the land. This was the key to the deal - sell the operating company and release private capital to allow the mountain to diversify. When we sat down with HIE they told us that £4m of that was to be a loan of public money from HIE to Natural Retreats. At about the same time that droving was dying out towards the end of the 19th century, deer stalking estates were flourishing, and so the shelters were developed into bothies to provide improved, though still primitive, accommodation for gamekeepers. .css-1xgx53b-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-1xgx53b-Link:hover,.css-1xgx53b-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. .css-orcmk8-HeadlineContainer{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:justify;-webkit-justify-content:space-between;-ms-flex-pack:justify;justify-content:space-between;}BBC apologises for Phil Spector death headline.css-1dedj2h-Rank{-webkit-align-self:center;-ms-flex-item-align:center;align-self:center;color:#B80000;margin-left:3.125rem;}1, Man found 'living in airport for three months'2, Capitol security scare ahead of Biden inauguration3, Putin critic Alexei Navalny to be kept in custody4, Nóra's body 'placed in the jungle', mother says5, Trapped miners send plea on handwritten note6, Fishing firms protest over post-Brexit disruption7, Chip-shortage 'crisis' halts car production9, 'No special treatment' for tennis stars10. Video, 'We got a lot of grief when our photo became a meme', MP 'lost most of cervix after delaying smear', Sheku Bayoh witness contradicts police evidence, UK coronavirus cases up by 38,598 on Sunday, BBC apologises for Phil Spector death headline, Chip-shortage 'crisis' halts car production, Four guilty of murdering boy stabbed 40 times, Pretty people who keep ugly secrets... iPlayer, Boost your immune system effectively. There were other payments in the accounts that stood out. Visitors enjoying winter sports at Cairngorm Mountain. (Permalink) Cairngorm Mountain Railway Base Station: The temporarily closed Base Station of the Cairngorm Mountain Railway on 5th October 2018. But we wanted to try to understand what happened, whether it was preventable and what could be learned from it. The starting point for many a mountain walk. We had a lot of questions. What happens to your body in extreme heat? What’s the real story? The BBC is not responsible for the content of external sites. Walking and mountain bike trails remain open, as do most toilets and car parks, but do check below for local updates for closures. image caption CairnGorm Mountain Ltd was placed into administration last week. Highlands and Islands Enterprise (HIE), which owns the Cairngorm Mountain resort near Aviemore, will foot part of the bill. Concerns are raised about running of the CairnGorm ski area and funicular mountain railway near Aviemore. It is owned by the Highlands and Islands Enterprise and was operated by Cairngorm Mountain Limited until July 2014 when Natural Retreats UK took over the lease. Capitol security scare ahead of Biden inauguration, Trapped miners send plea on handwritten note, .css-1snjdh1-IconContainer{display:none;height:0.875em;width:0.875em;vertical-align:-0.0625em;margin-right:0.25em;}The road back to Wuhan. So the whole basis for the asset transfer was never realised. They also said that the original sale had involved a transfer of a company with debts as well as assets and that was reflected in the price in 2014. There are 55 Munro’s (mountains above 914m in height) in the Park – and once you have climbed one you can officially call yourself a ‘Munro Bagger’. Join thousands of satisfied visitors who discovered Cairngorm hotel, Ski Chalets and Wedding Venues in Scotland.This domain may be for sale! HIE owns the Cairngorm Estate and had leased the resort to the previous operator Cairngorm Mountain Limited which went bust at the end of last month. Their accounts show a complex system of inter-company charging. HIE, which owns the Cairngorm Estate, awarded Natural Assets Investment Limited (Nail) a … Read about our approach to external linking. Our research has established that this £6m wasn't quite what it seemed. Natural Retreats had the lease to operate the mountain - but the assets had been transferred to the wider group. The UK's highest railway has been closed since September 2018 due … What’s the real story? That meant unpicking a complicated web of public bodies, private companies and unmet expectations. Jobs have been protected, skiing is happening this winter and there are negotiations under way with community groups about the potential for a community buy-out. The Scottish government will have to approve the repairs once the final cost is known. More information can be found at News & Events - Cairngorm Mountain. The Cairngorms National Park is the UK’s largest, and most northerly National Park, and is home to five out of six of Britain’s highest mountains and the Queen’s summer residence at Balmoral. The hope was that there would be an investment in the ski business. That makes the company by far the largest unsecured creditor. Safety improvements at Cairngorm Mountain, The policeman in a MAGA hat. Two years after the handover Natural Retreats still hadn't taken that up. 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