Originally Posted by
JonnyH
Possible. However, the government are the majority shareholder in RBS, who are in turn the majority lender, along with Lloyds for TCX. Clearly I’m not as knowledgeable as some regarding this but surely the government would have significant influence with RBS who seem to be one of the main issues within this saga.
Just to nip this point in the bud. The only government involvement here will be through the CAA.
There will be no government bail-out of the company, it isn’t allowed under EU state aid rules.