TitanSound
Mr Beardy Drummer
Found this in a not too noticeable area of the BBC news page.
http://www.bbc.co.uk/news/business-11526179
http://www.bbc.co.uk/news/business-11526179
Business Secretary Vince Cable has said that private buyers will be allowed to own up to 90% of Royal Mail, while the Post Office may be mutualised.
He was giving details of the Postal Services Bill, designed to pave the way for Royal Mail's privatisation.
Mr Cable made clear that the government would not oppose a foreign company buying up the Royal Mail.
Cable also announced that the Post Office network, which is not included in the sell-off, may be converted into a mutual ownership structure, and promised there would be no further closures of Post Office outlets.
"It seems to me that the Post Office is ideally suited to a John Lewis or Co-operative Group style structure, where employees, sub-postmasters and communities get a greater say in how the company is run," he said.
John Lewis is owned by its employees, who are granted "partner" status and a stake in the company in order to encourage employee loyalty and service quality.
He said that the Co-operative UK had already been asked to put together a proposal for how mutualisation could be done.
"This would be the Big Society in action," added the Liberal Democrat, endorsing the Conservative party's slogan for greater community participation in government services.
Disgracefully put into motion by Labour, and now to be actioned by the fucking Lib Dems
No the best option possible would be for it to remain nationally owned and for the private firms that undermine it to be forced to pay their wayive got a friend who worked behind the scenes on new labs Royal Mail privatisation bill - she said that what was proposed by mandy then (what was it, a third privatised? cant remember now) would be the best option possible
No the best option possible would be for it to remain nationally owned and for the private firms that undermine it to be forced to pay their way
Mutualisation of the POs is a good thing in principle, but how the finances would work needs to be seen through. I support mutualisation and cooperatives on principle, and have more faith than other statists that workers can run them for themselves (several cases of new labour actively blocking worker-led moves to mutualise of their own free will, the case of the dartford crossing being a key one) - but if POs cant stand up on their financial feet, then this is a public service that the state/we should subsidise to some extent. i dont know enough about how PO accounts stand, though would like to know if anyone else does. What is the current business model for POs?
Meanwhile, Lizzie is making it known what her primary concern about privatisation is - Queen's heads could disappear from stamps.
You are brainwashed by the TV to be weird about the Queen and the Windsor royals.You are just basically weird about Condoleeza Rice.
No the best option possible would be for it to remain nationally owned and for the private firms that undermine it to be forced to pay their way
You are just basically weird about Condoleeza Rice.
You are brainwashed by the TV to be weird about the Queen and the Windsor royals.
You are brainwashed by the TV to be weird about the Queen and the Windsor royals.
to the best of my knowledge, fridgemagnet doesn't watch tv.
Who's Socialist Steve?