RE: Enough with the tag team already22 Jul 2024 07:41
As an ex shareholder my take is that the physical assets, people and contracts all still exist , so the government will announce 2 things ; that they are fiscally prudent and won't prop up the private sector with public money thrown at loss making enterprises, to great cheers from the left and also that they will be working with the adminstrators of the company to protect jobs as they believe in british industry to further cheers from the left. If the company is not in admin by the time of the announcement they will say 'working with the creditors and other interested parties' knowing that administration is inevitable without their guarantee and/or huge capital from other sources.