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    More of the family silver gone.... ?

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    papa_umau
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    More of the family silver gone.... ?

    Post by papa_umau on Tue 10 Sep 2013, 12:25 pm

    A report today is saying that British products Ribena and Lucozade have been sold to giant Japanese food manufacturers Suntory Beverage and Food, as GlaxoSmithKline get 1.35billion for these brands.

    They follow such products as Branston Pickle, Cadbury and Weetabix, which have all recently fallen into foreign hands.

    Lucozade and Ribena, which date back to around 1927 are manufactured at the moment at a plant in Gloucestershire, which employs 500 people.

    Suntory have already acquired the brands Orangina and Schweppes.

    It is reported that GlaxoSmithKline are selling off these foods so that they can concentrate on chemicals-based products like Sensodyne, Panadol and Aquafresh.




    As I have said many times before:

    Can we trust our British brands to the tender mercies of the privatised companies and corporations as every day and week we are hearing of more and more of our British identity being sold off to foreign companies.

    What with most of the previously British big guns now owned by the Japanese, the Chinese and the Arabs all that is left to sell off is the small companies that are struggling to survive as the free market beasts kill and swallow up our heritage and our employment prospects at home.

    What say you ?


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    zathrus
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    Re: More of the family silver gone.... ?

    Post by zathrus on Thu 12 Sep 2013, 10:54 am

    The drive for ever greater profits in the free market will always encourage the selling off of the family silver.

    Mind you, even although the Tories are the great exponents of the free market principle, the Labour party under Tony Blair sold off a lot of government-owned assets too.

    What I see happening here is that these state assets are sold off to British companies who in turn sell them off to foreign companies for great profit. scratch
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    papa_umau
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    Re: More of the family silver gone.... ?

    Post by papa_umau on Fri 13 Sep 2013, 12:23 pm

    Yes Zath', you are dead right.

    Here is an editorial comment from my own Scottish Daily Record on this matter:

    RECORD VIEW

    The selling off of The Royal Mail

    Even for Margaret Thatcher, selling off the Royal Mail was one privatisation too far.

    Thatcher sold off more than 40 state-owned businesses, but even with all of her enthusiasm for popular capitalism, she was not brave enough to touch The Royal Mail. She was "not prepared to have the Queen's head privatised!"

    Later on Peter Mandelson had a good go at it too, but New-Labour eventually came to their senses and scrapped the idea as well.

    NOW... with the Lib-Dems in tow the Tories are finally just about selling off the last of the family silver.

    There is absolutely no sense in this sell-off as thanks to their growing parcel business, ( triggered by the likes of Amazon orders online ), Royal Mail are now "doing very well", and the money they make via this route subsidises the vital, if expensive, universal letter service, which sees letters delivered from one end of the country to the other for one price.

    From Lands End to John o' Groats Royal Mail have delivered since the penny post was introduced in 1840.

    That six-days-a-week universal service will be the very first one to go after privatisation and the profit motive is applied.

    Despite all assurances to the contrary in parliament the British people know that the bucaneering companies and the privatising ministers simply cannot be trusted.

    When Beeching took his axe to the rail services the outlying villages were promised 10 buses and hour. That was soon reduced to eight, then to four and then to NONE.

    This really is one privatisation too far for rural communities, who will be ill-served by it and for the upkeep of the very fabric of the business and social community that binds us all together as a nation.

    Thatcher called her privatisations "share-owning democracy", and yet now, nearly all of the public utilities that she sold are foreign-owned and hitting the UK families with ever-rising and uncontrolled high-prices.

    Soon these disgracefull rip-offs will will extend to our postal services and with it the Queens head on our stamps will just be another symbol of the greedy profiteers at work.

    This must not be allowed to happen !




    Well folks, there you have it. Do YOU think that this will in any way be a good thing once our Royal Mail is handed over to the privateers and afterwards they start to screw us all with more rip-off prices so that they can keep their top-end fat-cats and their shareholders sweet ?

    ( This thread will be copied to a new thread-start as it is far too important to just be added on here alone ).

    Please find it HERE.


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    Angie baby
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    Re: More of the family silver gone.... ?

    Post by Angie baby on Sat 14 Sep 2013, 11:33 am

    What gets me is that when public companies like this are sold they are sold for pennies but they cost billions of pounds to re-nationalise, and that is one of the major reasons for not privatising them in the first place.
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    papa_umau
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    Re: More of the family silver gone.... ?

    Post by papa_umau on Sun 15 Sep 2013, 12:05 pm

    Yes my dear. There have been many calls from many directions to re-nationalise all of the utilities and essential services, including the rail franchises, but it is the massive cost of buying these entities back that stops it from happening.

    When the Labour party get back into power in 2015 I would hope that the "not-for-profit" scheme that is working with Network Rail might be the model to follow rather than full re-nationalisation.


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