Originally Posted by
Buster the Bear
PPF now lose, so basically all UK taxpayers now Monarch has failed. They/we had a 10% stake in the airline. Could the Phoenix rise from the Admin ashes without this burden?
No Buster, the PPF loses, but not the UK taxpayer. You are operating under the commonly held misconception that the PPF is government funded. It isn't. Please watch this video and particularly what the young lady makes plain at 4:42.
https://www.youtube.com/watch?v=eVmhJpankZs