Reposted by Stephen Boyd
One consequence of failing to develop a coherent long-term industrial strategy with clear goals and boundaries is that you react to crises by underwriting this kind of thing...
Excellent reporting by @andrewlearmonth.bsky.social
www.heraldscotland.com/news/2660386...
heraldscotland.com
Scotland's £586m Gupta guarantee tied to secretive Jersey offshore vehicle
Scotland's £586m taxpayer guarantee underpinning Sanjeev Gupta's Highland metals empire has been quietly moved to a secretive offshore company registered in Jersey.