Questions tagged [bailout]

Questions related to politics or government about financial assistance informally given to businesses or an economy to stop it from collapsing

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Why did British Steel have to borrow 120 million pounds (from the government) to cover its ETS obligations?

Can someone clarify why British Steel had to receive a UK government loan for this sum of 120 million pounds? Did British Steel need this money to buy ETS allowances, or were these fines for not ...
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