Business

Government Flybe rescue sends the wrong message to UK business

BY David Soskin | tweet davidsoskin   /  17 January 2020

Just a month into a new government with a whopping majority and Grant Shapps, the Secretary for Transport, has announced the most extraordinary rescue package for FlyBe, one that smacks more of Corbynism than Conservative policy. For this is a government bailout for a failing business, an interventionist approach which most Conservatives believed had been buried – along with nationalisation, secondary picketing and the other detritus of the post-war years of economic muddle and decline – under Mrs Thatcher’s transformation of the UK economy.


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