The UK government has said it accepts a report’s recommendation that the Royal Mail should be part-privatised.
The study by Richard Hooper says new minority owners can offer the “confidence, experience and capital” needed to carry out vital changes.
Describing the current Royal Mail as “untenable”, the report adds that the universal service is under threat without modernisation.
Dutch firm TNT said it would be interested in a stake in Royal Mail.
Why is it that the solution to the problems of a state owned business is to privatize it? Reading the report into the Royal mail’s problems one thing is abundantly clear: Lack of modernisation in comparison to Germany’s Deutsch Post for instance.
But why the lack of modernisation? Because of decades of little investment by successive Governments.
The German government allowed Deutsch Post to plough back postal income into efficiency investments over the years. They used their monopoly income to improve service – but also buy dozens of private companies to become the biggest logistics operator in the world.
This simply hasn’t happened in the UK.
The trouble is, even with this “part privatisation” the Government is continuing to go down the road of the previous conservative Government; not wanting to invest and modernise itself, sell it off to the private sector.
But how long before it is wholly privatised, the best bits cherry picked, more jobs lost, unprofitable postal routes either restricted or closed, and price increases?
And you would have thought that they would have looked at the previous privatisation of former state owned services, they have been nothing short of disastrous for the UK customer and very profitable for the shareholder.
In short: Keep it wholly nationalised, make the investment, modernise and reap the rewards that it will return to the UK taxpayer, and not the dividend the shareholder alone will pick up instead.
Why is this Government not prepared to invest in this business at a time when it has thrown billions of tax payers money at private organisations such as the banks?
Don’t trust others? Report them…
30 03 2009We’ve been having a met(Metropolitian Police) Anti terrorism campaign in the UK for the past few weeks, here’s one of the adds:
Anyway heres another take on the above add:
And another:
And another:
And finally:
And on another subject:
More pictures can be found at the rather excellent BoingBoing site.
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Tags: fear, Law, Police, Politics, terrorism, UK
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