The public get to pay to put it on its feet, when it becomes solvent the private sector get to cream the profits.
Emma Reynolds is trying to appear decisive. But special administration followed by a return to the private sector will only defer the problem. Let TW go bust, go for full nationalisation at no cost to the state, give the finger to private equity parasites.
www.bbc.co.uk/news/article...
The environment secretary says the deal does not do enough for consumers or the environment.
