Ripped-Off Britain

* THE ONE AND ONLY, TRUE AND ORIGINAL, 'RIPPED-OFF' WEBSITE ON THE INTERNET *

SEE THE NEW "INTRODUCE YOURSELF" THREAD: HERE - - and - - LOOK AT OUR NEW "CAR-BUYING GUIDE" SUB-FORUM: HERE

    Ripped off over rural broadband' and connected bank closures.

    Share
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13869
    Points : 21563
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Ripped off over rural broadband' and connected bank closures.

    Post by papa_umau on Wed 06 Dec 2017, 11:12 am

    BT handed £1.2bn ‘subsidy’ from the taxpayer

    British Telecom has been handed a taxpayer “subsidy” of almost £1.2bn because the Government “mismanaged” its superfast broadband.

    Figures reveal that the company, which was run at the time by the new trade minister Lord Livingston, is only expected to invest £356m rolling-out fast internet access to rural areas.

    But in return BT will be handed assets paid for by the taxpayer worth £1.2bn.

    In a scathing report, Parliament’s Public Accounts Committee (PAC)  accused ministers of placing BT in a “quasi-monopolistic position” that the company “exploited”, resulting in consumers getting a “raw deal”.

    Read more on this from The Independent  HERE




    Well folks, should BT be given any more monopolistic powers ?


    Last edited by papa_umau on Sun 10 Dec 2017, 12:34 pm; edited 1 time in total


    _________________
    Best of regards

    Papa......


    avatar
    zathrus
    Field Marshal
    Field Marshal

    Number of posts : 3029
    Points : 7066
    Reputation : 100
    Registration date : 2008-08-21

    Re: Ripped off over rural broadband' and connected bank closures.

    Post by zathrus on Thu 07 Dec 2017, 11:10 am

    Certainly not !

    What makes this worse is that rural areas that cannot get decent, or in some cases ANY broadband, are now going to lose the only bank they have in their nearest town as The Bank of Scotland and The Royal Bank of Scotland shut all of their rural branches.
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13869
    Points : 21563
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Re: Ripped off over rural broadband' and connected bank closures.

    Post by papa_umau on Fri 08 Dec 2017, 11:15 am

    Yes, it is bad enough that Britain's broadband is just about the worst in the developed world, but it is even worse that people who do not have broadband at all are now stuck having to travel miles to get to a bank.

    This should be dealt with by the government, as it is a scandal that a bank - The Royal Bank of Scotland - owned by the people, cannot provide the bare minimum access for the poorest members of our society.


    _________________
    Best of regards

    Papa......


    avatar
    Angie baby
    Field Marshal
    Field Marshal

    Number of posts : 2926
    Points : 7027
    Reputation : 91
    Registration date : 2008-08-30
    Location : Northern England.

    Re: Ripped off over rural broadband' and connected bank closures.

    Post by Angie baby on Sat 09 Dec 2017, 11:24 am

    There is terrible lobbying and protests growing all around the country about the slashing down of RBS branch numbers, but I wonder what will actually happen when it comes to doing the dastardly deed.

    Because this bank is 72 percent owned by the British taxpayers we should have a say in what happens to it.
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13869
    Points : 21563
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Shocking revelation in today's news.

    Post by papa_umau on Sun 10 Dec 2017, 12:22 pm

    The RBS big sell-off will only make HALF of what they paid in executive bonuses this year...and less than the cost of the Rugby six-nations deal.

    HERE is the full shocking story from today's Scottish Sunday Mail.




    Surely the government CANNOT allow this to go on as while the people suffer from branch closures the Fat-Cats get the cream once again.

    I cannot communicate how angry this makes me feel. Mad pale


    _________________
    Best of regards

    Papa......



    Sponsored content

    Re: Ripped off over rural broadband' and connected bank closures.

    Post by Sponsored content


      Current date/time is Wed 19 Dec 2018, 1:29 am