Dear Reader, it looks like the Old Etonian mafia are feeling the heat. The Royal British Legion has accused the government of breaking the military covenant while increased job losses in the pipeline are not going to help stimulate economic confidence. Some public sector workers (and I say this with a heavy heart) will not find private sector conditions very conducive. Lower holidays, can't go on sickies and no pension plan (although we will have this stuff and nonsense called NEST coming your way soon)are not particularly attractive to some people in the UK public sector (especially amongst Catholic public sector people in Northern Ireland, I suppose it is part of a Gandhi-style disobedience campaign).
I am sure disaffected public sector voters will vote for Labour at the next election but if this is four years away then it would be simply too late for them. New Labour had already initiated cutbacks in the National Health Service (NHS)such as the planned closure of A&E departments like Enfield Chase Farm. (See Note***)
Changing the subject it is a shame NEST was not up and running a few years ago and we would still have some more British companies, which have been since swallowed up by foreigners, to invest in. The roll-call includes Cadburys, Smith & Nephew, Wellstream and British Oxygen (BOC). Here, everything is up for sale. The City is like Wimbledon. We host the tournament but don't win it. Even the Spanish bought up Bristol Water, Luton Aiport, BAA and O2. While our major investment was the massive amount of money wasted on the Vodafone acquisition of the German company Mannesmann Telecom.
Makes you glad to be English!!
Gawd knows why the London Stock Exchange (LSE) wants to merge with Toronto Stock Exchange. I suppose it is to get rid of the threats from the French and Germans.
Note*** Chase Farm was originally a profitable hospital then it was shunted into a joint operation with Barnet General. Now it is threatened with closure because greedy w***ers see a nice little earner selling off the site for houses