The disagreement is about supporting high energy firms through this period of high energy costs. I guess I agree with both to some extent. Companies with fixed prices like the energy companies have no way to balance the books although careful examination of their businesses. and books and bonus’s are necessary before any state aid. Other companies should be able to pass on higher costs, foreign competition is hampered by high shipping costs (A container from China has risen from £1500 to £20000). Opportunities for UK firms to invest in high quality products? 100 washing machines fit in a 20ft container or £20 shipping costs each before adding costs at each end and admin. So about £40 or £50 per machine coming from China – surely we could make them better and cheaper?
If there is a bail out let us hope the government does it via the stock market by taking a part share/nationalisation and ensuring no bonus’s or extravagant wages are paid.