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Post by 3putts on Jun 25, 2019 14:05:52 GMT
This has been nothing but a disaster for the British taxpayer. A few who were in a position to profit from they sale did so but the vast majority missed out. Since then bills have just gone up and up and despite switching numerous times the underlying price has increased year on year.
Now I have just seen a news report that each household in the UK has had to pay an extra £6each 172 million to pay for the 11 suppliers who went bust last year, this is on top of our all ready inflated bills.
Roll on the next election so we can take back control.
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Post by harryburrows on Jun 25, 2019 15:07:33 GMT
This has been nothing but a disaster for the British taxpayer. A few who were in a position to profit from they sale did so but the vast majority missed out. Since then bills have just gone up and up and despite switching numerous times the underlying price has increased year on year. Now I have just seen a news report that each household in the UK has had to pay an extra £6each 172 million to pay for the 11 suppliers who went bust last year, this is on top of our all ready inflated bills. Roll on the next election so we can take back control. What an idiotic post , the shares were offfered to the public and widely bought . Remember the tell Sid campaign. To encourage wide public ownership smaller purchases were given priority |
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Post by 3putts on Jun 25, 2019 15:21:19 GMT
This has been nothing but a disaster for the British taxpayer. A few who were in a position to profit from they sale did so but the vast majority missed out. Since then bills have just gone up and up and despite switching numerous times the underlying price has increased year on year. Now I have just seen a news report that each household in the UK has had to pay an extra £6each 172 million to pay for the 11 suppliers who went bust last year, this is on top of our all ready inflated bills. Roll on the next election so we can take back control. What an idiotic post , the shares were offfered to the public and widely bought . Remember the tell Sid campaign. To encourage wide public ownership smaller purchases were given priority Most working people I know couldn't afford to buy the shares so it was a giveaway to the better off. But you miss my point since privatisation the prices have gone up and the profits shared by those at the top, many of those are foreign owned so that money goes out of the country, if it was still owned by the state it would be cheaper and any profits could be put back into the UK eg the nhs |
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Post by Pretty Little Boother on Jun 25, 2019 15:26:10 GMT
The free market is a marvellous thing.
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Post by harryburrows on Jun 25, 2019 15:34:09 GMT
What an idiotic post , the shares were offfered to the public and widely bought . Remember the tell Sid campaign. To encourage wide public ownership smaller purchases were given priority Most working people I know couldn't afford to buy the shares so it was a giveaway to the better off. But you miss my point since privatisation the prices have gone up and the profits shared by those at the top, many of those are foreign owned so that money goes out of the country, if it was still owned by the state it would be cheaper and any profits could be put back into the UK eg the nhs And the taxpayers would be pumping in billllions to support those old lame dog companies. Having said that I agree more safeguards should have been put in place to protect consumers. Public ownership has never worked for these large businesses. It was a disaster in every respect not one of them flourished being run by government. British Airways, Leyland , ICI , British steel , post office , etc were a case study in how not to run a business |
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Post by mattyd on Jun 25, 2019 15:40:39 GMT
Brilliant idea 3P.
Buy it back.
For Billions, but hey, Jezza loves his cheque book.
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Post by mattyd on Jun 25, 2019 15:41:54 GMT
And out of interest why didn't lying Tony buy it back...
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Post by trickydicky73 on Jun 25, 2019 16:16:25 GMT
This has been nothing but a disaster for the British taxpayer. A few who were in a position to profit from they sale did so but the vast majority missed out. Since then bills have just gone up and up and despite switching numerous times the underlying price has increased year on year. Now I have just seen a news report that each household in the UK has had to pay an extra £6each 172 million to pay for the 11 suppliers who went bust last year, this is on top of our all ready inflated bills. Roll on the next election so we can take back control. I have had the same experience. Don't forget that "green energy" has added to our bills as well. Maybe that's why politicians are almost universally behind "climate change"? |
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Post by 3putts on Jun 25, 2019 16:52:34 GMT
Brilliant idea 3P. Buy it back. For Billions, but hey, Jezza loves his cheque book. Why not? Put it in public hands therefore controlling prices and ending the obscene profits going out of the UK. The unions aren't the enemy you know. All they want is better pay and conditions for their members nowt wrong with that |
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Post by sheikhmomo on Jun 25, 2019 17:07:02 GMT
The gold standard of this sort of thing was the complete bum fucking of the taxpayer and royal mail workers by the Tories (aided and abetted by Vince Cable) with the Royal Mail sell off in 2012. A complete stitch up illustrated best by George Osborne's best man making 4 million quid within seconds of the shares going to market proper.
That's capitalism for you. We're all snaffling in the trough together as long as a Tory Chancellor has you on speed dial.
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Post by cerebralstokie on Jun 25, 2019 19:39:46 GMT
The irony is that, having flogged off these companies to canny middle class investors, they were soon taken over by Johnny Foreigner giving these "canny investors" a nice profit. Check who owns your electricity supplier and many of our rail franchises for a start
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Post by JoeinOz on Jun 25, 2019 20:30:45 GMT
The market will protect us
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Post by Goonie on Jun 25, 2019 21:45:17 GMT
I always found it an affront to deceny: ownership was removed from the whole to the few
I also found it amazing that strategic industries were placed in the hands of business, often foreign ones at that
That said I would love to build an off grid home and be free of them: I'm part way there
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Post by 828492 on Jun 25, 2019 21:54:17 GMT
Southern Water is another example of a private utility company putting profit before the basic business of treating waste water to an acceptable standard. The new CEO of Southern Water says that the company has acted dishonestly in the past. Why are the previous management not being held accountable?
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Post by 3putts on Jun 26, 2019 4:51:10 GMT
The market will protect us Us? You live in Australia so where do you get this us? |
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Post by 3putts on Jun 26, 2019 4:54:46 GMT
The irony is that, having flogged off these companies to canny middle class investors, they were soon taken over by Johnny Foreigner giving these "canny investors" a nice profit. Check who owns your electricity supplier and many of our rail franchises for a start Is there anything that is British owned these days? Everything we owned has been flogged off to foreign investors for short term profit that is why I will always hate the tories selfish cunts the lot of them |
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Post by JoeinOz on Jun 26, 2019 4:58:02 GMT
The market will protect us Us? You live in Australia so where do you get this us? The us is a collective. For the populace as it is for business. The same discussions happen across the world. There's differing cultures but the same conversations everywhere. The one consistent aspect is.... rich people are lying to us all the time. |
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Post by desman2 on Jun 26, 2019 9:14:11 GMT
This has been nothing but a disaster for the British taxpayer. A few who were in a position to profit from they sale did so but the vast majority missed out. Since then bills have just gone up and up and despite switching numerous times the underlying price has increased year on year. Now I have just seen a news report that each household in the UK has had to pay an extra £6each 172 million to pay for the 11 suppliers who went bust last year, this is on top of our all ready inflated bills. Roll on the next election so we can take back control. How do you take back control when the organisation we are currently tied to prohibits it. |
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Post by wizzardofdribble on Jun 26, 2019 10:28:01 GMT
The gold standard of this sort of thing was the complete bum fucking of the taxpayer and royal mail workers by the Tories (aided and abetted by Vince Cable) with the Royal Mail sell off in 2012. A complete stitch up illustrated best by George Osborne's best man making 4 million quid within seconds of the shares going to market proper. That's capitalism for you. We're all snaffling in the trough together as long as a Tory Chancellor has you on speed dial. People or more pertinently, institutions, that bought Royal Mail shares and sold them quickly, made money, but look at them now; Floated at about £5.50 Currently £2.00 People who bought them as an investment have been shafted. |
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Post by cerebralstokie on Jun 26, 2019 11:21:19 GMT
The irony is that, having flogged off these companies to canny middle class investors, they were soon taken over by Johnny Foreigner giving these "canny investors" a nice profit. Check who owns your electricity supplier and many of our rail franchises for a start Is there anything that is British owned these days? Everything we owned has been flogged off to foreign investors for short term profit that is why I will always hate the tories selfish cunts the lot of them I believe that Centrica own British Gas, a company which is losing customers by the tens of thousands and which recently gave its Chief Executive a pay rise of 44% |
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Post by Eggybread on Jun 26, 2019 12:24:46 GMT
This has been nothing but a disaster for the British taxpayer. A few who were in a position to profit from they sale did so but the vast majority missed out. Since then bills have just gone up and up and despite switching numerous times the underlying price has increased year on year. Now I have just seen a news report that each household in the UK has had to pay an extra £6each 172 million to pay for the 11 suppliers who went bust last year, this is on top of our all ready inflated bills. Roll on the next election so we can take back control. How do you take back control when the organisation we are currently tied to prohibits it. The government have already renationalised a few failing private firms it sold off.The EU rules make it awkward but possible. |
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Post by followyoudown on Jun 26, 2019 13:55:07 GMT
Prices have gone up I wonder how much of that is due to the green taxes  As for nationalising these industries, these industries require long term strategic investment costing billions which is currently funded by profits, renationalise and governments in power for 5 years at a time will make short term decisions, cut long term funding to buy votes and they will be in the mess they were when privatised. |
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Post by mattyd on Jun 26, 2019 18:55:46 GMT
Brilliant idea 3P. Buy it back. For Billions, but hey, Jezza loves his cheque book. Why not? Put it in public hands therefore controlling prices and ending the obscene profits going out of the UK. The unions aren't the enemy you know. All they want is better pay and conditions for their members nowt wrong with that Maybe get Dianne Abacus to negotiate the purchase price. |
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Post by ColonelMustard on Jun 26, 2019 19:41:58 GMT
Well at least the money raised from selling all the state businesses over the last 30 years was put to such effective use. All those surpluses really sorted out the national finances.
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Post by JoeinOz on Jun 26, 2019 22:24:53 GMT
Harold Macmillan called it selling the family silver. Thatcher responded by saying it was selling the family silver back to the family.
So people got the option of applying to buy something they already owned.
The hundreds of millions of quid windfall raised were used to benefit the populace... by awarding rich people tax cuts. Which is well worth losing the family silver for.
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Post by mtrstudent on Jun 27, 2019 2:52:14 GMT
The free market is a marvellous thing. At least in the UK we have choice for power companies and they have to compete. Networks like power, internet etc are screwed if the government doesn't keep a close eye on them and force them to compete. Internet is a fucking nightmare in the U.S. because there's hardly any competition, and the Trump administration put a Verizon lobbyist in charge who's working to take more power from people and give it to the companies. Cox advertises at 35 quid/month for pretty shit internet ("up to 30 Mbps", but my "up to 100 Mbps" usually gets 5-20). After the promotion it works out about 70 quid a month after hidden fees + taxes, then it's extra if you go over your 1 TB data allowance. |
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Post by zerps on Jun 27, 2019 5:58:14 GMT
The market will protect us Longton? |
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Post by underdog on Jun 27, 2019 18:09:56 GMT
This has been nothing but a disaster for the British taxpayer. A few who were in a position to profit from they sale did so but the vast majority missed out. Since then bills have just gone up and up and despite switching numerous times the underlying price has increased year on year. Now I have just seen a news report that each household in the UK has had to pay an extra £6each 172 million to pay for the 11 suppliers who went bust last year, this is on top of our all ready inflated bills. Roll on the next election so we can take back control. What an idiotic post , the shares were offfered to the public and widely bought . Remember the tell Sid campaign. To encourage wide public ownership smaller purchases were given priority Why is it idiotic. He's posted facts? |
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Post by lawrieleslie on Jun 30, 2019 8:39:26 GMT
This has been nothing but a disaster for the British taxpayer. A few who were in a position to profit from they sale did so but the vast majority missed out. Since then bills have just gone up and up and despite switching numerous times the underlying price has increased year on year. Now I have just seen a news report that each household in the UK has had to pay an extra £6each 172 million to pay for the 11 suppliers who went bust last year, this is on top of our all ready inflated bills. Roll on the next election so we can take back control. Do you really think that the same investment in energy suppliers, BT, water suppliers etc etc would have been made by being funded by the tax payer?? Saint Maggie was right to privatise and also vastly curtail union power that was bringing the country to its knees. Incidentally were you around in the mid 70s and the Winter of Discontent? |
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Post by mrcoke on Jun 30, 2019 17:21:59 GMT
It is my understanding that many employees of those companies got free shares and "matching shares" (i.e. the company gave them a share for each share they bought) and did quite well out of it. Call them bribes if you like to keep the relevant unions whipping up industrial action in those companies.
Unlike investors who bought their shares on the open market they were not allowed to sell them for a set period.
There is undoubtedly an ugly side to capitalism ("lovely money"), but if you want something uglier try communism, left wing socialism, and right wing national socialism.
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