Originally Posted by
OzzyOzBorn
Unfortunately, this young chancellor is mesmerised by the aura of St Greta. He totally buys into the whole armageddonist vision of the global warming religion. No doubt he believes he has single-handedly saved the planet with this ill-judged announcement. He will learn ... but too late for many of our familiar airlines and airports. Sajid Javid was much more pragmatic. Real pity he has returned to the back benches.
Sorry, no bailouts this time. The banks had to be saved last time to prevent the collapse of the financial system. No need for the same for airlines.
I think the government could provide loans where needed, but secured against assets, and with the option of converting to equity in the case of non-payment.