Originally Posted by
ExpectmorePayless
If a government handout (from taxpayers that's you and I), then I'd rather the government buy the whole lot for £2.4 million as was the most recent purchase price and nationalise it for a future sell off rather like the banks.
What I am opposed to is a government bailout to private equity firms and multi billionaire owners, for them to continue to run a failing business and reward themselves huge salaries, bonuses and siphon off capital into third party holding companies.
The hard working frontline staff deserve better than these greedy owners and their overpaid, inept and failing management.
I don't think it's a Handout, it's just some relief from the "environmental" tax for a while I guess until they can try and sort it all out, they are currently undergoing a big turn around plan to try and get it back to profitability, there have been some fairly big changes but it's only been 6 months, hopefully it works