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Thatcherite privatisation and "competition" has resulted in less efficiency, fragmented industries, higher prices and most of our national infrastructure being owned by foreign companies making massive amounts of profit from the UK population.
The trains being another perfect example. We the taxpayer SUBSIDISE the private companies for BILLIONS, they then make a lot of profit and deliver a crap service with high ticket prices. What a con.
British Gas owners Centrica revealed profits of £5million per day.Profits were £992 million for the 1st 6mths of 2008 down 2% to £1.23 billion per annum.British Gas responded by raising gas bills by 35% to restore ''reasonable profitability''.
What amazes me is that all the infrastructure the digging of holes the laying of pipelines the building of reservoirs was all undertaken at tax payers expense but then sold off for peanuts to private companies.It really baffles me that some measure the service they provide by profit and put this before the poor consumer.Nationalisation is now in vogue even though the word (as one journalist put it) is taboo.It's already happened with Northern Rock so lets take it one step further and reclaim our energy,water and sewage services before its too late.
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