The Royal Mail must remain in British ownership! Britain is 159th in the world league table that ranks investment as a share of GDP. This is not new. Owners of British companies have long been permitted a feckless lack of responsibility. Smart countries, from the US to Germany, make sure that they insulate their companies as far as they can from the myopia and short-term greed of stock markets. Instead, the British approach to ownership exposes our companies to stock market thinking: shrivelling investment, cutting back on innovation, minimising training and hoarding cash to please their irresponsible, transactional owners. guardian.co.uk/commentisfree/2013/jul/14/royal-mail-privatisation-business-investment
Posted on: Sun, 14 Jul 2013 13:10:27 +0000
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