What price my utility shares?

  oresome 19:52 16 May 2017
Locked

When Labour renationalise the old state monopolies can I expect a good price considering the improvements made since privatisation?

And when the Tories sell them off again will it be at a cut price and another opportunity for a quick profit?

  Quickbeam 19:55 16 May 2017

Feeling cynical...?

  lotvic 21:01 16 May 2017

Shirley not..?

  morddwyd 07:55 17 May 2017

So not only is he offering us a Bank Holiday we already have, St Andrew's Day. he's now going to nationalise our state owned water supplier!

Curiouser and curiouser.

  Quickbeam 08:10 17 May 2017

British Rail/Railways always got a lot of stick as a nationalised industry, but I always had good memories of my use of it before I bought my first car.

Bearing in mind that the railways were originally privatised because of the lack of investment from the previous big four private rail companies, British Rail did a lot to bring the railways into the modern post war era with the development of diesels, electrification and high speed intercity services with minimal government funding.

This article gives mixed pros and cons on the rail privatisation.

Personally, I always thought that the great Tory national asset sell offs were done to offset a necessary tax hike to bring money into the exchequer when an election was due.

In short we paid Tories for their votes with the various industry privatisations!

  rickf 09:24 17 May 2017

Quickbeam, well said.

This thread is now locked and can not be replied to.

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