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Royal Mail privatisation... Would you?
Comments
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Headteachers are paid more than the Primeminister ........
Not really.
The PM gets £142,500 in salary, plus 'expenses' a large part of which (second home allowance, etc.) are effectively extra money in his pocket.
Despite quite a bit of googling, I couldn't find any reliable reports of a head getting paid more than £142,500 (a couple had larger numbers reported but these were based on second jobs, back salary, and other things).0 -
Not really.
The PM gets £142,500 in salary, plus 'expenses' a large part of which (second home allowance, etc.) are effectively extra money in his pocket.
Despite quite a bit of googling, I couldn't find any reliable reports of a head getting paid more than £142,500 (a couple had larger numbers reported but these were based on second jobs, back salary, and other things).
not forgetting that 'live in' position saves a fair bit of cash
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That concerns me too. When Thatcher was doing the Gerrymandering, flogging off council housing etc it was a safe bet it would be cheap and it was. £750 in British Gas at launch would now be around £13,000 plus dividends. But I can't imagine Vince Cable selling public assets that cheap.Had a quick look at the IPO, I ask the question would you go into a shop and give them £750 for some items and then AFTERWARDS, when they have got your money, they tell you how many items you`re getting and how much they are each
NO.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Glen_Clark wrote: »But I can't imagine Vince Cable selling public assets that cheap.
On the other hand Osborne has to keep his city friends sweet and ensure the IPO is a success.
Yet another of our public services will end up (eventually) in foreign hands.0 -
As a victim of the Railtrack expropriation (initially without compensation and as the unspeakable Vadera said, a case of 'grannies losing their blouses', I regard the political risk as enormous. As another poster pointed out - another Network Rail in the making. I won't be caught again.0
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i think the weakness of railtrack was that it was loss-making, and therefore dependent on public subsidy.0
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Aren't all these (utility) shares dependent on political favour to set prices, subsidies, etc?grey_gym_sock wrote: »i think the weakness of railtrack was that it was loss-making, and therefore dependent on public subsidy.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Looks like the Shares will trade at a premium. Institutional allocation already oversubscribed.0
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mystic_trev wrote: »Institutional allocation already oversubscribed.
Within three hours, according to the press...0 -
Glen_Clark wrote: »Aren't all these (utility) shares dependent on political favour to set prices, subsidies, etc?
They dont rely on it, they are restricted by it usually. There is demand for electricity beyond supply quite often.
Some water companies might have a problem, telecoms is increasingly competitive. Royal mail letters doesnt compete properly, so thats political I guess0
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