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Re: Corbyn's kerfuffle
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Re: Corbyn's kerfuffle
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Re: Corbyn's kerfuffle
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Re: Corbyn's kerfuffle
The Labour industrial policy of the 60s and 70s was basically this:
Take an industry, in this case car making (but the same applied to IT, aerospace and others) and "encourage" various firms in that industry to merge to become one large company. In our case BMC (who owned Austin, Morris, MG, Wolsley, Riley and built some tractors and light vans and were racking up serious losses) were "encouraged" to merge with Leyland Motors, who at the time were making profits selling trucks and busses around the world, to create British Leyland. The idea was that these British "super firms" would be more able to compete internationally than individual firms. However, what happened was that unlike the hostile takeovers that had created BMC and Leyland in the first place, there was no competitive drive to push the company in to developing better products. British Leyland knew it didn't have to build world beating trucks and busses as the government (through local bus companies and nationalised haulage businesses) would always buy whatever it built. This loss of competitiveness caused serious operational issues, with money from profitable parts of the business being used to shore up loss making divisions, because pulling out of those areas of business and closing factories was politically impossible. Also, your average Red Robbo knew that strikes would always lead to what they were asking for, because the Government had, essentially, a bottomless pit of money and didn't want to lose political points. However the worst idea was that of Tony Benn, who decided that the Unions should be given a direct say in how British Leyland was run. The problem was that while Ford considered itself in business to make money by making cars, BL, according to the unions, was there to provide employment, and profitability was not a pressing concern... |
Re: Corbyn's kerfuffle
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---------- Post added at 19:28 ---------- Previous post was at 19:25 ---------- Quote:
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Re: Corbyn's kerfuffle
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There are laws regarding the release of this kind of thing under the Data Protection Act, but most sources seem to agree that Virgin were in the clear with regards to that. Face it, Corbyn's had his bright red socialist backside handed to him on a plate by a bearded pullover enthusiast... ---------- Post added at 19:32 ---------- Previous post was at 19:28 ---------- Quote:
Also, what is the actual benefit of Nationalisation? Except possibly the warm, fuzzy feeling in the heart of a few 70s throwbacks and Unions salavting at the prospect of being able to strike without ever actually putting their employer out of business. |
Re: Corbyn's kerfuffle
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http://m.huffpost.com/uk/entry/uk_57...b042aee74dca3e Oh and face up to what, I couldn't give a toss about corbyn and I think the whole episode isn't worth the time devoted to it so far. |
Re: Corbyn's kerfuffle
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Virgin, however, has a strategy to develop the line and to invest in it. That may require the line's customers to pay more. In time, we will see how well Virgin runs the line and how well used it is. Only then will we see whether DOR's management of the line was as good as nostalgic lefties have been claiming. |
Re: Corbyn's kerfuffle
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The leader of the opposition fabricates a situation and outright lies to the nation. Not spin, not bending the truth. Outright, thought out deception. |
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But no, as agreed by you he is just another self serving, lying ( proven), gravy train politician.........so what is the frolicking point? |
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It's the second fare rise this year! http://m.thenorthernecho.co.uk/news/...nd_fares_hike/ Let's not even go into their franchise agreement either which saw them bid over a third more than their competitors, who is going to end up paying for that in the end. ---------- Post added at 03:07 ---------- Previous post was at 02:56 ---------- Quote:
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Re: Corbyn's kerfuffle
Polls show Jeremy Corbyn will win the Labour leadership with higher numbers than before – Smith only has himself to blame
http://www.independent.co.uk/voices/...-a7218016.html |
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