SaTH would have been £70m in the red without Government backing, meeting told

For years, the government played second fiddle in the economy, the free market and companies set the tone. But the liberalized housing market, healthcare, the labor market and the free energy market got stuck. Economic growth has collapsed sharply in ten years. In response, municipalities, The Hague and Brussels are increasingly making millions available as a stimulus. "Without state support, major innovations will not get off the ground."

SaTH would have been £70m in the red without Government backing, meeting told

Sath would have posted a financial deficit of more than £70 million without Government support, a meeting was told.