|
|
Post by Pacifico on Jan 11, 2024 18:40:44 GMT
Having the Post Office as an organ of the State hasn't exactly worked out very well - so is it time to privatise it and bring some commercial pressure and reality to the organisation.
After all the Royal Mail was successfully privatised and is now a profitable business that seems to have avoided the criminal excesses of the State owned part of the business.
We could rejoin the Post Office and Royal Mail into one successful private business - a bonus for everyone.
|
|
|
|
Post by andrewbrown on Jan 11, 2024 19:44:28 GMT
|
|
|
|
Post by Pacifico on Jan 11, 2024 22:55:00 GMT
IDS group (owners of Royal Mail) are still forecasting that it remains on track to break even for the year as a whole. Compared with the Post Office where the owners (the taxpayer) are on the hook for massive compensation and losses in the range of Billions.. Private Sector wins again for the taxpayer.. |
|
|
|
Post by andrewbrown on Jan 12, 2024 0:40:34 GMT
IDS group (owners of Royal Mail) are still forecasting that it remains on track to break even for the year as a whole. Compared with the Post Office where the owners (the taxpayer) are on the hook for massive compensation and losses in the range of Billions.. Private Sector wins again for the taxpayer.. So not the profitable business that you claimed then? I'm not saying it shouldn't be done, but I'm not convinced it's the answer either. I look at other things the government has privatised, the electric companies, British Gas, British Telecom, water companies, British Rail. Which of these provides a better service? Honestly I don't know. |
|
|
|
Post by Red Rackham on Jan 12, 2024 1:00:30 GMT
The problem with the privatisation of the utilities including transport, is that privatisation relies on profit. And theres nothing wrong with profit. But sometimes, I do wonder whether the government paying a privatised rail industry £billions in subsidies while all profit goes to foreign shareholders is necessarily the right way to go.
|
|
|
|
Post by Pacifico on Jan 12, 2024 8:00:48 GMT
IDS group (owners of Royal Mail) are still forecasting that it remains on track to break even for the year as a whole. Compared with the Post Office where the owners (the taxpayer) are on the hook for massive compensation and losses in the range of Billions.. Private Sector wins again for the taxpayer.. So not the profitable business that you claimed then? I'm not saying it shouldn't be done, but I'm not convinced it's the answer either. I look at other things the government has privatised, the electric companies, British Gas, British Telecom, water companies, British Rail. Which of these provides a better service? Honestly I don't know. Well if it is not profitable long term then it will go bust and another company will take over (assuming there is a demand for their product). We can argue about service levels all day but I'm not aware of any privatised company destroying as many lives we see with the Post Office - something that it could only do because of being publicly owned. |
|
|
|
Post by andrewbrown on Jan 12, 2024 8:13:31 GMT
Your post seems more idealogical than practical. I'm not against the principle, but I think that your claim that this could not have happened in the private sector in the cover up is almost certainly false.
You may laugh at service levels, but at the end of the day isn't that what we want from our utilities?
|
|
|
|
Post by Pacifico on Jan 12, 2024 8:37:22 GMT
Your post seems more idealogical than practical. I'm not against the principle, but I think that your claim that this could not have happened in the private sector in the cover up is almost certainly false. You may laugh at service levels, but at the end of the day isn't that what we want from our utilities? Well I'm old enough to remember what the service levels of these companies were when they were in the Public Sector - if you are expecting renationalisation to deliver a better service for the customer then boy, are you in for a surprise. For instance - the NHS is not exactly renowned for excellent levels of customer service is it? Getting back to the Post Office - no private company would attempt such a miscarriage of justice on a similar scale as they (unlike the Post Office) would be bankrupted by the ensuing legal costs. It is precisely the fact that the Post Office is a public company that gave it the culture and tools to act as it did. |
|
|
|
Post by Fairsociety on Jan 12, 2024 9:52:54 GMT
The problem with the privatisation of the utilities including transport, is that privatisation relies on profit. And theres nothing wrong with profit. But sometimes, I do wonder whether the government paying a privatised rail industry £billions in subsidies while all profit goes to foreign shareholders is necessarily the right way to go. Exactly, and here's a prime example ..
This scheme ended in March 2023. Every household that paid a domestic electricity bill was given £400 towards the rising cost of energy.
**The government is subsidising privatized utilities, why should the government be giving every household £400 that they have to pay back, in order to keep the fatcat bosses on huge salaries, huge bonuses and keep the shareholders happy, while making record profits. This weak government yet again rolling over, instead of capping energy profits.
There is NO help from these utility companies for struggling customers, the tax payers yet again are bailing out utility companies, if the government had not stepped in people would not be able to pay their gas/electric, so the utility companies would have to either cut them off, or spend millions taking people through the courts, which would impact on profits.
|
|
|
|
Post by ratcliff on Jan 12, 2024 12:05:39 GMT
IDS group (owners of Royal Mail) are still forecasting that it remains on track to break even for the year as a whole. Compared with the Post Office where the owners (the taxpayer) are on the hook for massive compensation and losses in the range of Billions.. Private Sector wins again for the taxpayer.. So not the profitable business that you claimed then? I'm not saying it shouldn't be done, but I'm not convinced it's the answer either. I look at other things the government has privatised, the electric companies, British Gas, British Telecom, water companies, British Rail. Which of these provides a better service? Honestly I don't know. All of them |
|
|
|
Post by ratcliff on Jan 12, 2024 12:10:02 GMT
Your post seems more idealogical than practical. I'm not against the principle, but I think that your claim that this could not have happened in the private sector in the cover up is almost certainly false. You may laugh at service levels, but at the end of the day isn't that what we want from our utilities? Which private sector companies have wrongly prosecuted some 900 employees , imprisoning some , bankrupting others, causing suicides, made many homeless , arbitrarily taken away their employment whilst ignoring that there were known system failures? |
|
|
|
Post by ratcliff on Jan 12, 2024 12:12:21 GMT
The problem with the privatisation of the utilities including transport, is that privatisation relies on profit. And theres nothing wrong with profit. But sometimes, I do wonder whether the government paying a privatised rail industry £billions in subsidies while all profit goes to foreign shareholders is necessarily the right way to go. Exactly, and here's a prime example ..
This scheme ended in March 2023. Every household that paid a domestic electricity bill was given £400 towards the rising cost of energy.
**The government is subsidising privatized utilities, why should the government be giving every household £400 that they have to pay back, in order to keep the fatcat bosses on huge salaries, huge bonuses and keep the shareholders happy, while making record profits. This weak government yet again rolling over, instead of capping energy profits.
There is NO help from these utility companies for struggling customers, the tax payers yet again are bailing out utility companies, if the government had not stepped in people would not be able to pay their gas/electric, so the utility companies would have to either cut them off, or spend millions taking people through the courts, which would impact on profits.
Energy prices were impacted by Putin's invasion of Ukraine - or have you forgotten that ''minor'' international fact |
|
|
|
Post by Fairsociety on Jan 12, 2024 12:15:50 GMT
Exactly, and here's a prime example ..
This scheme ended in March 2023. Every household that paid a domestic electricity bill was given £400 towards the rising cost of energy.
**The government is subsidising privatized utilities, why should the government be giving every household £400 that they have to pay back, in order to keep the fatcat bosses on huge salaries, huge bonuses and keep the shareholders happy, while making record profits. This weak government yet again rolling over, instead of capping energy profits.
There is NO help from these utility companies for struggling customers, the tax payers yet again are bailing out utility companies, if the government had not stepped in people would not be able to pay their gas/electric, so the utility companies would have to either cut them off, or spend millions taking people through the courts, which would impact on profits.
Energy prices were impacted by Putin's invasion of Ukraine - or have you forgotten that ''minor'' international fact Well if it wasn't Brexit it was COVID or the war in Ukraine, there is always reason why energy bills are going up, energy bills have gone but the war in Ukraine hasn't impacted on energy company 'Profits', I find that odd? It's only household bills impacted, fatcats still get huge salaries, shareholders still get huge dividends, and profits are bigger than ever .... 'Putin's invasion of Ukraine' hasn't impacted on them. |
|
|
|
Post by Pacifico on Jan 12, 2024 22:59:59 GMT
just when you thought that the Post Office couldn't get any more incompetent...  |
|
