Agenda 2019

  http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/11565524/Housebuilders-hit-by-Ed-Milibands-rent-control-plans.html Labour's housing plans wipe nearly £200m off value of UK home builders Modest plans wipe £200 million off value of Britain's house builders. How strange it is that a political party's plans to assist potential house buyers and to offer some rent controls as relief to those families renting their homes should cause such alarm and despondency among Britain's house building companies as almost £200 million is wiped off the value of their companies. It seems that the possibility of some controls in the housing sector, no matter how modest, can cause such alarm in "the markets" as they contemplate some reductions in their already inflated "margins". What is not strange however, is the fact that a rabid right wing rag such as "The Telegraph" should place such great emphasis on the drop in sha...

http://www.theguardian.com/business/2015/jan/08/tesco-chief-unveils-dramatic-shake-up-troubled-supermarket Almost 100 stores to close What a sick and nasty world the speculators create and live in. On the announcement that nearly 100 Tesco stores will be closed, Head Office will be "relocated" , the employee pension scheme will be axed and that thousands of people will loose their jobs, the share price increases by 15%. The financial "markets" make "loads a money" at the expense of peoples lives. I have little sympathy for Tesco. My criticism is of the speculators making money from the share price increase as a result of people losing their jobs. As usual it is the employees who pay the price of management ineptitude and in the case of Tesco, boardroom practices which probably verge on illegality. Personally, I never shop in Tesco for three main reasons. The price of their produce is too high. The quality of their goods is  in many cases ...

  http://www.theguardian.com/uk-news/2014/jul/11/royal-mail-sale-lost-1bn-says-select-committee Royal Mail sale under-priced by £1bn Royal Mail Rip-off It is now officially confirmed, what many of us have been arguing for over a year "the government worried too much about pushing the privatisation through at the expense of getting the best price". Consequently, this government in general and Vince Cable in particular, have given away a public asset to their friends in the city and the British taxpayer (and the people generally) have been the victims of a massive fraud instigated to achieve a political objective. Cable, as the architect of this sell off should be sacked, either because he is/was incompetent or he was part of the Conservative conspiracy to put political dogma before national interest.

  http://www.theguardian.com/uk-news/2014/may/22/royal-mail-annual-profits-rise-competition-rivals Royal Mail annual profits rise Royal Mail sorting staff   Operating profit after one-off costs rose to £430m from £403m a year earlier on revenue up 2% to£9.46bn. In its first set of annual results since last year's flotation, the group announced a 13.3p dividend for the second half of the year. Another "little" bonus for the the thieving bankers, hedge funds and "investment" brokers, aided and abetted by  the duplicitous Cable and the other ConDem government conspirators who stole this organisation at the time of privatisation and defrauded the British public of £ millions.

  http://www.huffingtonpost.co.uk/2014/04/28/royal-mail-fca-margaret-hodge-_n_5226303.html?utm_hp_ref=uk Royal Mail Privatisation Will Not Face Probe, Says City Watchdog   Business Secretary Vince Cable and Business Minister Michael Fallon FCA chief executive Martin Wheatley "FCA chief executive Martin Wheatley told MPs that the watchdog had seen no evidence of regulatory failure, despite being unable to say if the process - which saw Royal Mail's share price soar 38% in the first day - had entirely complied with the rules as it had not launched an investigation." The government, certainly the Tory part of it, "gave away" Royal mail at a knock down price to friends in the city. The "sale" of a few shares to the workforce at Royal mail was no more than a token gesture. It is hardly surprising that the scam privatisation will not be probed by the Financial Conduct Authority. Like the man said, "They are a...

http://news.sky.com/story/1231405/royal-mail-confirms-plans-to-axe-1300-jobs Royal Mail Confirms Plans To Axe 1,300 Jobs Royal Mail sorting staff The government sale of Royal Mail to their "friends" in the city for a give away price was predicted at the time to be bad for Royal Mail, bad for its customers and most importantly bad for the people employed by the organisation. Today's news that 1300 people are to be sacked comes as no surprise to those of us who have opposed the whole concept of privatisation for many years. The pillaging of Royal Mail is just the latest example of Tory plundering of public assets. The sacking of the 1300 will not be the last.

  http://www.theguardian.com/uk-news/2013/oct/25/royal-mail-shares-record-price Royal Mail sell-off advisers allocated millions of shares City advisers were given the opportunity to buy 13m shares in Royal Mail   The "advisers" including Goldman Sachs and UBS, advice to Vince Cable, results in the government selling the shares at a "discounted price" of £3.30. The "advisers" are allocated millions of shares which are now trading at £5.50 per share. There is something very smelly about the whole privatisation of Royal Mail scam which has made hedge funds (one of which is now the major shareholder in the "new" Royal Mail), institutional investors, speculators and "advisers" all a very great amount of money, at the expense of the British taxpayers and the people who are (currently) working for Royal Mail. Vince Cable and the ConDem coalition government, have some very serious questions to answer about this latest rip off of p...

http://www.independent.co.uk/news/uk/home-news/royal-mail-flotation-thousands-cash-in-as-shares-soar-38-on-first-day-8873500.html Royal Mail flotation: Thousands cash in as shares soar 38% on first day   Leaving aside the obscenity of selling off publicly owned assets to speculators,hedge funds, finance institutions and other friends in the city, the "Great Mail Robbery" demonstrates how government duplicity can ensure that many people can be hoodwinked into believing that privatisation is "good for the tax payer and good for Britain". No matter what Vince Cable may say during his television interviews on the subject, the sale price of the Royal Mail has, more by design than accident, been discounted by at least 30% thus making the offer more attractive to the speculators and losing British tax payers almost £650 million. The surge in the price level, within minutes of the opening of the stock markets, is indicative of an undervalued busin...