Despite this, a late demand is reported to have emerged from the Group's funders, including Royal Bank of Scotland and Halifax, who insisted that the Group be sufficiently recapitalised to ensure operations were protected through to January, when bookings are traditionally quieter and liquidity would be challenging. This demand meant the group needed an extra £200 million of funding to keep the company operational. These efforts did not succeed, with the UK Government Secretary of State for Transport Grant Shapps rejecting any discussion of UK intervention. Media reports had earlier indicated that a group, including the Turkish government and a group of Spanish hoteliers backed by Spanish ministers, had offered financial support in order to assist their domestic industries, but that rescue had failed because "the British government said it was not prepared to provide any financial guarantees to underpin the funding package."