The pensions have nothing to do with the sale. Any responsibility for the Royal Mail pension scheme (and its deficit) will remain with the government. I've just told you that. really thats how it works is it in every case (except mining ) privatisation has given this country great benefits both for the staff of those organisation and the country as a whole
Please tell me where we are benefitting with Gas,Electric, and water as a whole whilst the profit on these are flooding abroad.
Have you got on a train recently? I live in Leeds & since deregulation the buses are shiite too. These are industries that were supposed to see investment & competition. There has been neither.
Do you think that a privatised royal mail will deliver a letter for less than a quid to any post code ?
Infrastructure that was built - at a much greater cost - with public money. Any idiot can make billions if you've got a natural monopoly to exploit. And yet (and yet...) Thames Water is now asking for public investment into a new sewer specifically because they haven't spent money on infrastructure over the past thirty years. Severn Trent can't afford to maintain the link between the Elan Valley reservoirs and Birmingham because it's been neglected for too long. BT need money from the government to roll out proper broadband. Nuclear power costs the government billions to build and maintain, while all the profits from it go to companies which distribute dividends to their shareholders. The railway companies get more money from the government now they're private than they did when they were public. Deregulated bus companies can only afford to run services because of huge subsidies offered to them from local government, both directly and through the free bus passes for older people. And all the while, we - as citizens, the original owners of all the infrastructure - get nothing but increased charges and fees. Nationalised risk, privatised profit. And yet still people like you - people who demonstrably don't know what they're talking about - queue up to defend these absolute *******s. The establishment have an excuse - them and their mates will make a killing out of this. What's yours?
It's alright, we can all spend a minimum of £750 to buy shares in something we already own so that 1) the Tories have extra cash to play with to bribe the electorate with tax cuts before the next election and 2) all their greedy friend in the City can get their grubby mits on these shares as soon as the naive investor has made a few quid and then start screwing us for real money . Do the 2 scenarios ring any bells ? (I'll give you a clue - ask Sid )
By removing socialisation of costs you remove the subsidy on loss making but vital services. You and the ilk you subscribe to know the cost of everything and the value of everything. Plus this shower don't have a mandate.
Yes. Why? 97% of Royal Mail workers (they work for a state-owned company too) are against privatisation, by the way, even with the bribe thrown in. You might want to be aware of that when you swan into your interview spouting sub-Thatcherite nonsense about 'markets' and 'investment'.
Market price eh ? so no then as the cost of delivering to rural areas will prohibit that. Have you not seen that whilst there are lots of companies willing to compete in the parcel market, there doesn't seem to be the same appetite in the mail market. Strange that isn't it ? Also 'market price' is a neo-thatcherite dogma that doesn't really saying anything.
I would rather the government spent money on the nhs rather investing billions on the royal mail. I would rather the workers in the roryal mail benefit too
You wanted NHS privatisation in previous threads. The postal workers are rewarded with a wage etc. My reward however as a tax paying investor is being stolen by a Tory govt