Alan Milburn was once a Trotskyist, who co-ran a small left-wing bookshop in Newcastle, Days of Hope (aka Haze of Dope). Now he is better known as the New Labour politician and former Secretary of State for Health whom David Cameron appointed as his “social mobility Tsar”. He is also one of those Blairite heavyweights […]
Posts Tagged ‘Privatisation’
The Royal Mail served the nation for over 500 years; however a Government fire sale not only privatised this prize asset but also short changed the public. Last week, the National Audit Office (NAO) delivered a damning report showing that the Government’s rush to privatise the Royal Mail cost the taxpayer £1.4 billion.
Recently, Ed Miliband said that the times we live in demand “a new culture in our public services. Not old-style, top-down central control, with users as passive recipients of services. Nor a market-based individualism which says we can simply transplant the principles of the private sector lock, stock and barrel into the public sector.” In […]
Last year, the “big four” banks – HSBC, Barclays, RBS and Lloyds – enjoyed a ‘too big to fail’ taxpayer subsidy of no less than £38bn, the New Economics Foundation thinktank (NEF) have revealed. This is in an economy where the budget deficit is still £111bn, and where money is so tight that Osborne has […]
According to advisers to the Department of Energy & Climate Change (DECC), the government is now giving consideration, on top of the economically very foolish decision to go ahead with a new nuclear plant at Hinkley C in Somerset, to building not another 10 as was originally mooted, but 50! The French EDF and its […]