Katie Hopkins

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NvH
The Ton Club
Posts: 493
Joined: Wed Dec 25, 2019 9:16 am

Re: Katie Hopkins

Post by NvH » Tue Feb 18, 2020 11:38 pm

Black Velvet wrote:
Fri Feb 14, 2020 4:24 pm
Have we mentioned that Cameron, after promising that the same Royal Mail wasn't for sale, and his friends made millions off its undervalued shares?
The postal services in this country had already began the road to privatization long before Cameron came along. Became a PLC during Blair's first term, had a bizarre name change for a while, was heavily downsized (correctly) throughout his tenure as PM and was opened up to competition later on. It was Vince Cable under the coalition who finally privatised it, although Labour had proposed this in the past. It was hardly a controversial move.

For all the things to criticise the govt (past and present) for, this is not one of them. It was hardly worth keeping in govt ownership, and EU competition laws made it tricky. BT had similar problems. The postal service is hardly an investment for the present, let alone the future. Let some private shareholders lose money on it instead of the public.

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