Summary

Government should invest, not subsidise Size matters ‘Ferritin face’ Train announcements Reform UK’s newspaper Rather than give Rolls-Royce a £1.25bn subsidy to develop the next-generation narrow-body jet airliner programme ( Nils Pratley on finance, 29 October ), would it not be more advantageous to the Treasury, and thus the taxpayer, me included, to invest £1.25bn in shares in the company? That way, we all get a share of the prospective profits, and in the long run pay lower taxes.

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