On 21/07/2016 11:12, Brian Gaff wrote:


However, I do feel that a state owned non profit organisation should run
things like public transport and key industries like electricity and gas

Some us remember how bad British Rail (and the GPO) was at it's worst.
Even Jimmy Savile used to advertise it on telly, but it provoked one
chap to take legal action against the ASA because the advert bore no
relation to reality.

The socialists would still be generating 60% of our electricity with
coal costing about 30p/kwh and no chance of switching suppliers. In
the 70's huge areas of scandinavaian forest were dying because of
acid rain caused by the UK sulpher emissions. Don't hear about that
now.

Railtracks assets were stolen from its owners by Byers and Hewitt in
2001 and were given to Network Rail a 'not for profit' organisation
that has become the most expensive rail infrastructure company in
Europe. It has been allowed to rack up eye-watering borrowings that
don't appear on the PSBR and after only three years started reporting
annual 'profits' which were then used as the reason why it could pay
its top directors million pound annual 'bonuses'.