will help “viable companies which have exhausted all options” — but only as a “last resort”.
Treasury sources said it would not necessarily mean taking equity stakes, but it would be a loan scheme.PM faces Cabinet revolt after defying calls to sack Dominic CummingsBBC to go ahead with plans to axe free TV licence for OAPs despite backlashDOUBLE BUBBLEBut experts proposed a more radical plan which would see it become a part-owner of at-risk firms.
But their not British & should be bailing themselves out ... If shareholders etc lose out then tough, win some, lose some ... Either buy them out entirely so their British again or let them sink
After boris yesterday this smells of more government bungling and mismanagement. They’ve shown they are not to be trusted so this needs questioning and investigating as will all their future decisions
Why is uk tax payers money going to the Indian Tata company
Has to be equity based surely if it's tax payers money, or is this more magic wand money from central/commercial banking?, is so then pay it back, quickly, without interest and wipe it off the digital ledger as it gets paid back therefore not contributing to QE
Why dont TATA Motors and the Indian government put their hands in pockets?
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