ViolentPanda
Hardly getting over it.
According to Radio 4 news, the Post Office Card Account has been re-awarded to Post Office Limited, rather than PayPoint or one of the other private bidders.
Thanks fuck, says I!
Thanks fuck, says I!
POCA re-awarded to Post Office.
- Thread starter ViolentPanda
- Start date
Minnie_the_Minx
someinenhhanding menbag and me ah bollox
Just read that. Good news indeed.
ViolentPanda
Hardly getting over it.
I really don't think they (the govt or the bidders) had thought it through properly. Most PayPoint outlets are used to taking money, not paying it out, and don't have secure enough facilities to be able to have tens to hundreds of thousands of pounds on the premises.
Plus, apparently, Mandelson (as "business secretary") made the rather reasonable point that after the current loss of confidence in banks, the PO is in a prime position to (pardon the pun) capitalise on it's reputation for steadiness and the "bombproof" nature of the National Savings products it offers.
not thinking through a privatisation/out sourcing properly hasn't always stopped them!
i take your point though, makes sense.
They'll have to come up with another excuse to close POs now...i harrassed my MP about it and he gave me a vague letter back but....glad its all sorted
lewislewis
Lumumba Cymru
Good news, there was no way the Govt could have gotten away with privatising it in the current climate.
ViolentPanda
Hardly getting over it.
Like I said above, it'd have been a clusterfuck. I can't think of many PayPoint outlets local to me (and in London SW2 there are plenty of them!) that have secure enough premises to hold large volumes of cash. It'd have been a blagger's paradise if this had gone through!
gosub
~#
Have you got a link for that, coz that sounds like a Business Secretary who is viewing the UK in terms of recent Japanese economic history.
danny la rouge
I have a cheese grater in the dishwasher.
No they aren't; they're being pragmatic in a recession. There's nothing "real Labour" about that.
The Post Office functions will continue to be hived off to the private sector in due course, and as practicable.
Oh bugger, trust you to bring me back down to earth
danny la rouge
I have a cheese grater in the dishwasher.
Come on, I mean the Tories are welcoming this!
Only because they stand to gain seats in inbred villages
danny la rouge
I have a cheese grater in the dishwasher.
There are only Post Offices in villages?
Of course it's cynical, but the thing is if it was ideologically necessary it'd go ahead with the backing of both main parties.
Paulie Tandoori
shut it you egg!
One of Mr Bell's finer creations methinks 
Similar threads
