woody69
Journeyman Pro
Privatisation of the railways was flawed from the beginning. It was because of the insistence that the infrastructure is owned and looked after by the state owned Network Rail.
Privatisation of national industries
- Thread starter Tashyboy
- Start date
Doon frae Troon
Ryder Cup Winner
Wrong again.
bigslice
Tour Winner
Theres still time for a cold winter
bigslice
Tour Winner
I think it was Something like 100 free plus buy 3 for 2 up to a max of £200 pounds and then a 10% discount on any further purchases.
I had only bought my flat the year before and was struggling to pay the mortgage, so borrowed £200 off my mum and dad for the 3 for 2.
By the way you would have had to keep your shares for 14 years to sell for £12.
the saving schemes still exist. I have 4 running at present
I remember going with my dad when he went on strike (i think ) years later my mum said they struggled. I was like is that why theres money missing from my woolich account. Which she shut before i was due a windfall. I blame thatcher
I worked for a Water Company when it was privatised. The first thing that happened is that the salaries of the top management went rocketing up while quite a few middle managers were made redundant, particularly if they were over 50. I was a worker shareholder for a while, but then the company was taken over by the French who bought out our shares. So far from the workers having some say in the running of the company, they now had none. Basically privatisation is a Government and City racket to sell back to us what we already own. I am sure that the Mafia would end up in jail if they tried something similar! 
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Even with a gilt edged final salary pension, you still end up with a smaller income when you retire, but with more time to spend it. The way things are going, people will have to work until they drop, or end their days in Victorian style workhouses!
chrisd
Major Champion
The posts on selling council houses forget one important point, as the houses were council owned they were responsible for repairs and even decorating and this was costing the councils enormous sums of money each year, so, selling off their housing stock made money for the coffers and saved every council millions in costs/ wages each and every year since.
Tashyboy
Please don’t ask to see my tatts 👍
It was the same when the NCB sold off its pit houses at half there value. The estates dept did all the repairs on the housing. They were the first to lose there jobs.🙁
A Scotish guy next door to me dad called Wally ( honest ), said he is not buying his house until the guttering and coal house door is repaired, a bracket had broken on the guttering and a hinge had broke on the coal house. It took 18 months to get them done, When it was repaired the value of the house had gone up 2K. It had cost him 1K to get a door and guttering repaired, which he paid off over 15 years 😁
You are forgetting the Tennant's paid rent... That's what paid for the wages and upkeep.
chrisd
Major Champion
You are forgetting that a huge number of tenants were on benefits and the rent was also cheap by comparison to the cost of buying, particularly in the early '70's when mortgage rates were around 12%
i don't think its comparable for either point. Houses were not sold off till the 80's on the whole and there were less people on benefits then than now. Also the council don't pay for the HB, but they did pay to build all those council houses only for them to be sold of cheap. Then the councils didn't see any or very little of what they were sold for. one of the reasons most councils are now in the financial state they are in today.
Maggies 40 pieces of silver
chrisd
Major Champion
i don't think its comparable for either point. Houses were not sold off till the 80's on the whole and there were less people on benefits then than now. Also the council don't pay for the HB, but they did pay to build all those council houses only for them to be sold of cheap. Then the councils didn't see any or very little of what they were sold for. one of the reasons most councils are now in the financial state they are in today.
Maggies 40 pieces of silver
I don't necessarily disagree with you but I was initially pointing out the savings to the councils of repairs, maintenance etc etc of looking after the housing stock which I don't think was offset by the rental income.
Craigg
Q-School Graduate
i don't think its comparable for either point. Houses were not sold off till the 80's on the whole and there were less people on benefits then than now. Also the council don't pay for the HB, but they did pay to build all those council houses only for them to be sold of cheap. Then the councils didn't see any or very little of what they were sold for. one of the reasons most councils are now in the financial state they are in today.
Maggies 40 pieces of silver
Do you have any figures for this? My memory of 1982 were 3 million people unemployed. Just about twice the figure of today, with a lot less people in the country.
Tashyboy
Please don’t ask to see my tatts 👍
How would someone who is on benefits be able to get a mortgage to buy a house ?
chrisd
Major Champion
Pretty much the figure I'd have in my memory too
I never suggested they did
unemployed yes on benefits.... that is another matter
Craigg
Q-School Graduate
Then how do you reach the conclusion that there were less people on benefits in the 80's than now?
13% unemployment in 1982. 3 million unemployed
4.8% at the moment. 1.6 million unemployed
Thats a good point... we had had Maggie for 3 years, best growth we had in this country during her time in power...... unemployment
what about on benefits... ????
Craigg
Q-School Graduate
People claiming Unemployment related benefits in 1986 was 3.1 million.
People claiming unemployment related benefits in 2016 was 0.8 million.
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