General (General discussion, talk about anything.)
Owd Codger
"Thatcher put it in the private sector"
No, Cameron and Clegg privatised it and that was about ten years ago, going back to 1979/80 the GPO (general post office) was run as a public service, to facilitate the operation of the country, everyone used it and every company and government department used it, but it was profitable, but that was because of just one reason, the telephones, the GPO ran the telephone network and they charged a fortune for using it, so Thatcher hived off the telephone side of the GPO and called it BT and that was privatised and the loss making rest of the GPO became Royal Mail and then they split off the parcel delivery side of it, but it was never in a profitable enough condition to privatise, until Cameron and Clegg tinkered about with it, and now just like gas, electric, water, public transport it costs a bloody fortune to use it, just like every other privatised industry
Replied: 21st Dec 2023 at 12:05