Showing posts with label a privatisation too far. Show all posts
Showing posts with label a privatisation too far. Show all posts

Sunday, 27 October 2013

HERE WE GO AGAIN!

The news that the Labour in Wales Government (in Cardiff) made no representations to Westminster opposing the privatisation of Royal Mail will surprise any observers our inert government in the Bay. A Freedom of Information disclosure to Plaid has revealed that the Labour Government in Cardiff did not participate in the campaign to oppose the sell-off.

Our Post Office: Sold on the cheap?
A letter received by Plaid from the Department for Business, Innovation and Skills in Whitehall states: “I can confirm that the Department has not received representations from the Welsh Government about the privatisation of Royal Mail.” While Plaid Cymru actively sort to develop a Welsh way forward to keep postal services in public hands, but Labour in the Bay could not be bothered to send a single email or a letter on this important issue.

On yet another issue of importance to the Welsh people Labour have simply sat on their hands while public opinion rallied to support of public ownership and to support of the postal workers.  Whether we are talking about chasing extra funding for our country as a result of the proposed HS2 development, belated support for our farmers, the lack of interest in value for money in relation to public transport investment, or missed opportunities for additional EU funding for Wales.  A recognisable if not well established pattern has emerged, with the Labour in Wales Government talking the talk, but actually doing nothing practical to back up the rhetoric.

This week, the American bank JP Morgan valued Royal Mail at between £7.75 billion pounds and £9.95 billion pounds, the top figure being three times the flotation figure of £3.3 billion pounds. Citibank suggested an upper valuation figure of £7.3 billion pounds and Deutsche Bank argued that Royal Mail could be worth something between £6.4 billion pounds and £6.9 billion pounds.


The Coalition Westminster Government floated the company on a share price of 330 pence. In barely a week, shares had broken the 500p mark – an increase of more than 50% – valuing the company at £1.7bn higher than the original Government estimate and losing the taxpayer £900m. This, if nothing else suggests that the Con Dem Coalition Government in Westminster sold of the Post Office on the cheap.

Tuesday, 31 July 2012

A PRIVATISATION TOO FAR...

Perhaps the Con Dems think that height of Olympic-mania is a good time to bury bad news, and that few will notice yet another questionable privatisation, in this case the tendering of contracts for the UK’s air sea search and rescue helicopter service. Three companies are competing for contracts to provide search and rescue helicopter services throughout the UK.

The contract winner, or contract winners, would take over from Royal Navy and RAF and operate from sites across the UK. Three companies, Bond Offshore Helicopters, Bristow Helicopters and CHC Helicopter are on the shortlist published by the Department of Transport. The UK Westminster government hopes to reveal the winners early next year.

The business, has been broken up into three lots, which include covering coastguard duties.
  • Lot one is to deliver the service at, or near, Sumburgh, Stornoway, Culdrose, Leconfield and Valley using helicopters with a minimum rescue capacity of eight casualties per aircraft.
  • Lot two is to deliver the service from Lee-on-the-Solent and at, or near, Chivenor, Prestwick, Lossiemouth and Wattisham using helicopters with a minimum rescue capacity per aircraft of four casualties per aircraft.
  • Lot three is a contract covering the requirements of both lots one and two.
This is in my opinion a privatisation too far and reveals the full extent of this Governments slightly crazed ideologically driven desire to privatise almost everything, what’s next the privatisation of the Police Service?

Wednesday, 15 December 2010

HOW BLUE CAN YOU GET?

Just before the election, Nick Clegg (the Lib Dem leader) described himself as a revolutionary and a pragmatist. Privatisation of the postal service is neither. It merely shows that the Lib Dems to be just another Tory party in drag. Perhaps the the students in Whitehall last week got it right when they sang ‘Shame on you for turning blue'.

Now the Lib Dem's as part of the ConDem coalition which is on the verge of overseeing a privatisation of the Post Office. A recent YouGov poll put the support for privatisation at just 15%, while 60% believe that it should remain in public hands - When will these Westminster politicians learn that privatisation of the postal service is not popular and just not wanted?. That poll sends out a pretty strong message it's just a pity that no one in the current Westminster Government appears to be listening.

When the previous New Labour government thought that part-privatisation was a good idea, Plaid Cymru fought to defend the Royal Mail in the House of Commons – once again it will be Plaid who steps up to the plate to fight yet another Tory and Liberal proposal (the third in the least decade) that puts jobs and services at risk. Plaid has regularly raised concerns that there will be a widespread programme of Post Offices closures - cutting back even further on those closed by the last government.

Plaid has warned too that privatisation will jeopardise the uniform tariff and universal service for letters which is so important for customers, especially small businesses and those in our rural and not so rural areas. The ConDem changes to the Postal Service will lead to a deterioration of services, particularly for small businesses, domestic customers, vulnerable groups (especially the elderly) and badly effect all of our smaller communities.

This must not happen, it is important that we maintain public support for our public services and fight the cuts wherever we can and wherever it makes sense to do so - and that means keeping our Post Office publicly owned.