U.K.’s Sunak Says Bar Is ‘Exceptionally High’ for Company Bailouts

The transcript discusses the role of government as a lender of last resort, emphasizing the high standards and rarity of taxpayer support for companies. It highlights the unattractiveness of long-term reliance on such support and outlines the conditions and expectations for financial assistance, including significant involvement from financial investors and creditors to protect taxpayer resources.

What role does the government play in financial bailouts according to the speaker?

• First responder

• Main competitor

• Primary investor

• Lender of last resort

Why is the bar set high for companies to receive taxpayer support?

• To ensure only the most deserving companies receive aid

• To encourage more companies to apply

• To make the process faster

• To reduce government spending

What is the speaker's view on the frequency of taxpayer support for companies?

• It should be the norm

• It should be encouraged

• It should be extremely rare

• It should be a common practice

What is expected from financial investors and creditors in bailout situations?

• To withdraw their investments

• To take no responsibility

• To provide additional funds

• To significantly share in the burden

What is the primary reason for attaching significant conditions to government support?

• To protect taxpayer resources

• To simplify the process

• To increase government control

• To attract more investors