Image via WikipediaI can remember a time when the likes of British Telecom, the electricity and gas industry and water were owned by the government. Seems so long ago now, hard to even imagine really, but they were.Who benefited most by privatising them? Certainly not the public as prices are far higher now then they were when these services were nationalised and the service generally is no better than it was then.The people who benefited were big business. Friends of the Tory party who invested in the privatise utilities and have since reaped the benefit of huge profits or have sold there holdings to foreign companies making tens of millions of pounds in the process.
Who will benefit by selling the Royal Mail.? If the experiences of the people in the Netherlands are anything to go by the customer will not as there a reduction in daily delivers is being considered to just three times a week.The Royal Mail generally makes a profit so it doesn`t make sense that the government are going to keep the loss making Post Offices and take on all the liabilities of the Royal Mail pension fund which amounts to billions and then sell off the profit making part to private businesses, probably foreign owned. So the taxpayer gets all the losses and none of the profits!
This sale doesn`t make any economic sense. It is only being done because of the political ideology of the Tories which says everything that is state run needs to be sold off to the highest bidder regardless.The country and the customers of the Royal Mail will be worse off because of this reckless and crazy sale!
No comments:
Post a Comment