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Re: Post Office Sell Off - Welcome To Tory Britain
they wont tell you that the government is still paying the wages thats why the government still own 38% but their hedge fund mates are coining it in. ive heard the major shareholders now are the Singaporean and Kuwaiti governments respectfully are now the major shareholders. The next objective is to get hold of the property especially in London and then outsource and TUPE the postal workers if not sack them off to tnt the dutch tax dodging firm who have already got a lot of government contracts. how can they say it was a good deal for the taxpayer :confused: this government has borrowed more money than gordon brown and tony blair together . this is one reason why they are having a fire sale and to line their mates pockets at the taxpayers expense.plus the pensions robert maxwell was going to jail for things like this now its the norm. this country is really a disgrace. the public take it now through the brainwashing by the right wing press. this country is a laughing stock.
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Re: Post Office Sell Off - Welcome To Tory Britain
the post office is dead now as well ,thats why the crown post offices keep going on strike the rest are franchises which were run by the hedge fund companies which are now shutting them all down now because the clause is up in their contracts to keep them open. who owns the crown post offices yep you heard the next fire sale is coming soon.
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Re: Post Office Sell Off - Welcome To Tory Britain
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Re: Post Office Sell Off - Welcome To Tory Britain
they are not limited to small investors they were open to hedge funds;) the same hedge funds who own the right wing press. you will now get limited information who bought these shares as they were private companies which are not covered by the freedom of information act.. other words the taxpayer has been stitched up:rolleyes:
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Re: Post Office Sell Off - Welcome To Tory Britain
dirty robbing tory scum its not theirs to sell Royal Mail - Wikipedia, the free encyclopedia
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Re: Post Office Sell Off - Welcome To Tory Britain
This sell off is no different to GB selling the gold reserves at rock bottom prices.
The Royal Mail needs investment which the government are loath to commit to. As a business it has been losing money..after all who posts letters anymore...but there is a vast increase in the number of parcels being handled. It isn't only hedge fund managers who buy into such businesses, but pension funds and organisations also buy into them to make their money go further. I suppose you would do away with all capitalism would you? Please tell us what you would replace it with...and how would this work better. I'm sure you will have an answer, you always seem to know what is coming..or so you would like us to believe. |
Re: Post Office Sell Off - Welcome To Tory Britain
if they sell up will the queens head still be on the stamps?
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Post Office Sell Off - Welcome To Tory Britain
Small investors were allocated 33%, the government retains 30%, and multiple institutional investors 37%. The government therefore remains by far the largest shareholder.
The Singapore government is an institutional investor because they aren't stupid enough sell the countries gold reserves at $300 and they have not racked up mountains of debt. Singapore is a solvent state with $110,000 of surplus reserves for every man woman and child in the country. They have to put that money somewhere. Bankrupt Britain has the converse position. |
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And c'mon, you didn't bother to answer my question...again. |
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Anyone who ordered £750 worth got them. Anyone who ordered £10,000 or more got none. A hedge fund would't order £750 worth- it wants millions. So the big buyers are having to buy them off the little buyers(including the Royal Mail workers) at the new price. Nice profit for the little buyers! And if they don't want to sell they don't have to. When it all settles down you'll find huge blocks will be owned by various pension funds who pay UK pensioners from the income from these and other shares. So it's not all bad. |
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