So what’s the deal here?
Why was it a deal maker for the Scottish Government to buy the two mothballed Tata Steel plants in order to sell them on at once to LIbry House for what First Minister, Nicola Sturgeon has described as ‘the same consideration; and which has been defended as involving ‘no cost to the taxpayer’?
This seems an extraordinarily convoluted way of doing things – if there is no advantage to Liberty House; and frankly, if public money to subsidise the deal, ahead of the Scottish Election in six weeks time, has not played a part?
Might there have been debt obligations involved that the Scottish Government has agreed to shoulder by being the immediate buyer – and then selling on to Liberty House only the plants themselves?
Weasel words could comfortably describe such a deal as ‘for the same consideration’, in a silent reference to the cost of the plants alone. In such a scenario, ‘No cost to the taxpayer’, would be a fully disingenuous spin.
Any other ideas?