Originally Posted by
Rt Hon Jim Hacker MP
The final bill was probably higher for the treasury than the loan required to save it.
Dignified post, thank you.
The problem with loans, of course, is that they need to be paid back else they are simply gifts. Govt. APPEARS to be taking the line that the support being put in place is of that form, but public assurance is missing. Also, as their competitors point out this facility is without cost to FlyBe where they would would have to pay to raise cash in the market.