Let firms fail

Published on 11/07/2012 00:00

In response to Ellis Thorpe (Letters, 9 July), it is to be hoped that no future Scottish  government, SNP or otherwise, will “take into public ownership any loss-making company to save jobs” as no jobs have  ever been saved or ever will be saved by taking a loss-making company into public ownership.

A policy of nationalising failing business simply punishes success with tax and rewards failure with government money expropriated from successful companies.

Bruce Crichton

Victoria Road

Falkirk

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