Robert Person a href="http://www.bbc.co.uk/blogs/thereporters/robertpeston/2009/07/royal_mail_in_a_falling_market.html" writes about /a the Government's decision to shelve the planned sale of Royal Mail. It is being spun as a postponement "because market conditions aren't right". It is true that market conditions aren't right at the moment. But I don't think market conditions will ever be right to have a situation where private interests have a substantial stake in a natural monopoly. The Royal Mail is a public service and so should remain publically owned.br /br /The Government has also, last year, postponed the sell-off of the Tote. Once again, the sale of the Tote seems to be taking ideological enthusiasm for sell-offs too far. There are enough opportunities for private firms to make a profit from gambling already - why give them another one? And, also, once sold off it is lost to the state forever. As Harold MacMillan pointed out selling the 'family silver' is not a good idea.div class="blogger-post-footer"img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/38622711-8150588095321211930?l=vinospoliticalblog.blogspot.com'//div
technorati tags:
political news | news | world news
More at: News 2 Cromley
No comments:
Post a Comment