SBAndy
Well-Known Member
Really? I’m surprised.
Out of curiosity, is anyone aware of precedent for government acquiring a business through administration? Virtually no chance it happens, like, but be interesting.
Do you want to discuss boring politics? (9 Viewers)
- Thread starter mrtrench
- Start date
Really? I’m surprised.
Out of curiosity, is anyone aware of precedent for government acquiring a business through administration? Virtually no chance it happens, like, but be interesting.
fernandopartridge
Well-Known Member
When the government took on shares in the banks after the GFC, weren't they technically doing something similar
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Sky_Blue_Dreamer
Well-Known Member
That was my first thought.
And frankly why shouldn't govts be allowed to act like a business and do a hostile takeover? Aren't we always hearing how public bodies need to be more like private ones? Frankly if you've come begging to the public purse for money then they get to dictate the terms. Perhaps if govts played hardball maybe companies would think twice about doing reckless things cos they know someone else isn't just going to pick up the tab.
Unfortunately this looks like the best solution currently with the possibility of renationalising after administration. Alternatively customers will end up footing the bill through managements incompetence. I’ve got no issue with private ownership of utilities if it drives competition, efficiencies etc and is an open playing field but it just doesn’t work with water/monopolies. Same with the half in half out trains. If there were different companies operating the same line and therefore competition, fair enough but that’s not the case
All utility companies should have strict rules/guidelines to follow with regard to delivery of service (ie water and sewage) and if they are breached and not remedied in a certain time period the option should be there to renationalise at no cost to public. The regulators all appear toothless as well which doesn’t help
shmmeee
Well-Known Member
Really don’t see why there isn’t a consensus of nationalising natural monopolies. It’s why I couldn’t agree with Corbyn on the post office, because I don’t believe it’s a monopoly on package delivery and it’s a tiny minority of messaging transmission. But I did agree with nationalising Open Reach because everyone needs a comms backbone and you’re only really going to build one (virgin media are a bit of a thorn in this one - but don’t have national coverage which proves the point).
We don’t need to nationalise Greggs, we just need to be able to control the levers of the cost of living. Build a fuck ton of houses, have councils build a good chunk of them for social rent, bring energy, water, communications and travel into public ownership as there’s no real competition and/or every person relies on them to be at a certain standard. Then unleash the private sector in things were good at, with a bit of support forming strategic industries. Bring down everyone’s cost of living, boost the economy to raise wages, tax fairly for a limited set of public services at high quality (emergency services, health, justice, education) which are subsidised by the profitable parts of the nationalised network.
This seems like the median position on the desired economic position of everyone I meet. Yet no party of offering it. Corbyn came close but then went mental in other areas and abroad, the Tories are obsessed with a being US lite. And most people want essentially the economy of the 50s and 60s updated for today don’t they?
We don’t need to nationalise Greggs, we just need to be able to control the levers of the cost of living. Build a fuck ton of houses, have councils build a good chunk of them for social rent, bring energy, water, communications and travel into public ownership as there’s no real competition and/or every person relies on them to be at a certain standard. Then unleash the private sector in things were good at, with a bit of support forming strategic industries. Bring down everyone’s cost of living, boost the economy to raise wages, tax fairly for a limited set of public services at high quality (emergency services, health, justice, education) which are subsidised by the profitable parts of the nationalised network.
This seems like the median position on the desired economic position of everyone I meet. Yet no party of offering it. Corbyn came close but then went mental in other areas and abroad, the Tories are obsessed with a being US lite. And most people want essentially the economy of the 50s and 60s updated for today don’t they?
Sky Blue Pete
Well-Known Member
It’s because institutions are inherently poor at delivering services
shmmeee
Well-Known Member
Not as poor as fly by night contracting companies, at least that’s what the last 40 years would suggest.
shmmeee
Well-Known Member
The fundamental idea behind privatisation, when you really get down to it, is that there’s two types of people, public sector workers who are lazy and unproductive, and magical private sector workers who are hungry and efficient and driven.
And as someone who had done both extensively, I’m here to tell you that’s bollocks. There’s certainly more drive for profit, but at the expense of user experience every time. Capitalism is great at throwing energy at problems, but it’s wasteful and huge amounts of it are sub par. If you care about delivery standards, you have to write War and Peace in contracts that inevitably get loopholes because that’s where the incentive is, because the private sector is not about standards, it’s an optimisation machine with a single goal of more profit. And like any optimisation algorithm it’s only as good as the reward function you set. And capitalism only has one reward function.
And as someone who had done both extensively, I’m here to tell you that’s bollocks. There’s certainly more drive for profit, but at the expense of user experience every time. Capitalism is great at throwing energy at problems, but it’s wasteful and huge amounts of it are sub par. If you care about delivery standards, you have to write War and Peace in contracts that inevitably get loopholes because that’s where the incentive is, because the private sector is not about standards, it’s an optimisation machine with a single goal of more profit. And like any optimisation algorithm it’s only as good as the reward function you set. And capitalism only has one reward function.
Brighton Sky Blue
Well-Known Member
Probably one of the disgruntled dinosaur deniers
clint van damme
Well-Known Member
Looks like a case of like mentor like protégé, only no ones covering up for the protégé.
Things changing in the province?
skybluetony176
Well-Known Member
Remember when we held all the cards
New post-Brexit tariff to apply to UK cars going to Canada
A post-Brexit deal has expired with no new agreement, which leaving UK exports to Canada subject to new tariffs.
www.bbc.co.uk
clint van damme
Well-Known Member
Project fear
fernandopartridge
Well-Known Member
To be fair it looks like the UK doesn't want to allow Canadian imports of hormone injected beef. I'm sure you were making the argument previously that the UK accepting inferior meat products from North America was one of the inevitable consequences of no deal Brexit.Remember when we held all the cards
New post-Brexit tariff to apply to UK cars going to Canada
A post-Brexit deal has expired with no new agreement, which leaving UK exports to Canada subject to new tariffs.www.bbc.co.uk
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Grendel
Well-Known Member
And as Tony is a vegetarian he clearly now sees this as a benefit
skybluetony176
Well-Known Member
A few points. If we were still in the EU we would currently be enjoying a comprehensive free trade deal with Canada that doesn’t involve the the import of hormone injected beef. A perfect example of how we don’t hold all the cards on our own. We can’t even force the hand of Canada on our own.
Secondly, because of the complexity of the UK it actually seems for the benefit of keeping the union together we can’t expect hormone injected beef. The EU are pulling the shots and there’s nowt we can do about it. Another perfect example of how we don’t and never did hold all the cards.
Thirdly, I know you think you’re being clever but that post really ain’t the win you think it was.
Grendel
Well-Known Member
Are we going to win today Tony?
fernandopartridge
Well-Known Member
We hold the cards insofar as we can make our own trade deals, I'm not sure what's so difficult to understand.
Fyi, the comprehensive agreement still hasn't been ratified by all of the parliaments of the member states including Ireland. It is nearly 7 years since it was signed off by European parliament.
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skybluetony176
Well-Known Member
Pfft. With a hand worth fuck all. The Australia trade deal is standing joke in Australia of how they pulled our pants down. And now Canada is calling the shots. Your “win” is a kick in the balls. You’re like a divorced man bragging how he can now play the field even though he couldn’t pull in a brothel. Or in terms of the Australian trade deal you got to the brothel only to find out that you’re the one having to give out the tricks. Your win is worthless, it’s self defeating, it’s a victory in name only.
What We Can Learn From Our Latest MRP (and what we can't) | Survation
Survation’s latest MRP analysis of a poll of 15,029 residents in Great Britain conducted on behalf of Best for Britain, and published last night in...
www.survation.com
Interesting look underneath the hood of the latest election forecasts - something for everyone here, whether it’s the Tories or Labour who are your pantomime villains of choice.
clint van damme
Well-Known Member
300k children pulled into poverty, please someone care about this more than football tops and cakes.
fernandopartridge
Well-Known Member
Most things have been made with vegetable oils for years and years and years including these scones. This constant tedious culture war nonsense is utterly depressing.
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Grendel
Well-Known Member
They also supply butter to put on the scones and the vast majority of produce is non vegan
Grendel
Well-Known Member
skybluetony176
Well-Known Member
I’m not a fan of fiction so I’ll be giving it a miss.
duffer
Well-Known Member
Conservatives have values now?
Liz Truss is the best example I can bring to hand, of someone who is too thick to actually realise they're thick.
Fair play though, it must take ages to write a book when you have to move your lips whilst you're doing it.
At least in the old days the Tories had the occasional evil genius, this lot are denser than a lead marble in the centre of a black hole.
jimmyhillsfanclub
Well-Known Member
More than 3,000 hate crime complaints made to Police Scotland
The new law creates a crime of "stirring up hatred" over several protected characteristics.
www.bbc.co.uk
I'm sure the wider Scottish public feel well served by this latest legislation....... I doubt the Scottish police have got anything more pressing to be dealing with....
Crime won't crack itself Ken...
duffer
Well-Known Member
More than 3,000 hate crime complaints made to Police Scotland
The new law creates a crime of "stirring up hatred" over several protected characteristics.www.bbc.co.uk
I'm sure the wider Scottish public feel well served by this latest legislation....... I doubt the Scottish police have got anything more pressing to be dealing with....
Crime won't crack itself Ken...
Can someone do me a Taggart, "There's been an insult", gif, please.
Grendel
Well-Known Member
More than 3,000 hate crime complaints made to Police Scotland
The new law creates a crime of "stirring up hatred" over several protected characteristics.www.bbc.co.uk
I'm sure the wider Scottish public feel well served by this latest legislation....... I doubt the Scottish police have got anything more pressing to be dealing with....
Crime won't crack itself Ken...
It’s embarrassing and the SNP will soon be back to the political obscurity it deserves.
Based on the cover, I'm assuming this will be released in the Horror genre?
Brighton Sky Blue
Well-Known Member
Went to see how much it was. £20 whether it’s signed by her or not, bargain!
