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Flybe bailout reveals Johnson's priorities; THE CITY VIEW

Jan 16, 2020 - City A.M.

DURING the election campaign, Labour claimed that a Tory victory would unleash "Thatcherism on steroids". Now, just weeks into the new Boris Johnson era, corporate bailouts are on the agenda. Hardly the rampant free-market dogma we were warned about. The troubled airline Flybe has received a £100m temporary tax break, plus the promise of a review into air passenger duty, which hits the domestic carrier hard.

The airline's owners were presented with the perfect political opportunity to mak...