British Steel has been placed into compulsory liquidation, putting up to 25,000 jobs at risk
U.K. government has a serious problem on its hands but no time to address it as all attention is elsewhere.
State Aid rules may be an issue, but how can a government be the promoter of private market while thinking tax payers should bail out private companies?
However, one could also wonder if some people embraced the false promises Brexit offered when they should have listen to other voices?
The whole story shows a fundamental problem with PE investors and misaligned of incentives. Should more be done from a political perspective?