So Gordon brown has capitulated to the left of his party who once more score another blow for nationalisation and a return to the bad old days of the past where nearly everything is nationalised.
Whilst people go on and say look royal mail was making a profit they forget some main reasons why royal mail at least needed to be privatised or at least partially privatised. There is a looming pensions crisis in royal mail , due to final salary pensions - this we the taxpayer our propping up whilst Gordon Brown got rid of the tax incentive on them in the late 1990s so private firms can no longer afford them. So taxpayers were royally stuffed by Gordon Brown. Going back to royal mail with this looming pensions crisis the debt facing royal mail and therefore the taxpayer will be staggering it therefore needs to be privatised to relieve the taxpayer.
Secondly it is unfair that royal mail is protected from competition ie from TNT -this means they are not pushed to offer a better service and the customer-every houshehold in Britain has less choice, this is not a satisfactory situation
what the government has done is simply buried there heads in their hands and given up, there doing nothing about royal mail which will simply make the matter worse. They are choosing political positioning - so gordon brown can stay in his job and stop the left from rebelling against him , over the interest of the country when it is clear royal mail needs reforming. Whilst the decision to privatise or part privatise royal mail, may not be popular, it's something which needs to be done to help the country in the future.
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