Privatise Royal Mail and BBC, says report (UK)

The Royal Mail, Channel 4, BBC Worldwide, Scottish Water, Northern Ireland Water, Glas Cymru and the national air traffic control system should all be privatised, while government stakes in British Energy and the nuclear industry should be sold off.

That’s the main recommendation of a report by the Adam Smith Institute, which reckons the sales would raise around GBP 20bn for the government. The report ‘Privatization – reviving the momentum’ said the sales would be timely, given the state of the economy and the “increasing tightness” of public finances.

As well as financial benefits, the privatisations would boost investment, lower prices and give greater choice and better services to customers, as well as underpinning billions of pounds worth of economic activity.

The report’s author Nigel Hawkins said: “Privatisation in the UK remains unfinished business. The task for government, of whatever colour, should be to complete it and to reap the many benefits – including proceeds of some GBP 20bn.”

The Royal Mail, Channel 4, BBC Worldwide, Scottish Water, Northern Ireland Water, Glas Cymru and the national air traffic control system should all be privatised, while government stakes in British Energy and the nuclear industry should be sold off.

That’s the main recommendation of a report by the Adam Smith Institute, which reckons the sales would raise around GBP 20bn for the government. The report ‘Privatization – reviving the momentum’ said the sales would be timely, given the state of the economy and the “increasing tightness” of public finances.

As well as financial benefits, the privatisations would boost investment, lower prices and give greater choice and better services to customers, as well as underpinning billions of pounds worth of economic activity.

The report’s author Nigel Hawkins said: “Privatisation in the UK remains unfinished business. The task for government, of whatever colour, should be to complete it and to reap the many benefits – including proceeds of some GBP 20bn.”

Relevant Directory Listings

Listing image

SwipBox

Focus on the user experience SwipBox is focused on creating the world’s best user experience for delivering and picking up parcels using parcel lockers. Through a combination of intuitive network management software and hassle-free, app-operated parcel lockers, SwipBox delivers maximum convenience to logistics providers, retailers […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest

Post & Parcel
FedEx new facility “a crucial part of our strategy for the Netherlands”
Emirates Courier Express launched to “challenge the status quo”
Evri announces robot dog delivery trial
Deutsche Post issues Germany’s first recycled stamp
SingPost: key executives step down
FedEx new facility “a crucial part of our strategy for the Netherlands”
Emirates Courier Express launched to “challenge the status quo”
Evri announces robot dog delivery trial
Deutsche Post issues Germany’s first recycled stamp
SingPost: key executives step down
1
2
3
4
5
Listing image
Listing image
Listing image
Listing image
Royal Mail: Reaching 90% automation is a key milestone
New UK Post Office appointments to “deliver transformational change”
Royal Mail: customers don’t need to go out of their way to drop off their parcel
UK Post Office: it’s vital that we strengthen postmasters’ offer to customers
Share This