I set out to a meeting organised by OUCA how in the 1970 s nationalised industries sacked many employees, put up prices and delivered poor service to customers, and cost taxpayers a fortune in losses, subsidies and investment spending.
I went on to highlight the same bad patterns in our current nationalised industries.
The Post Office sacking and imprisoning good honest employees
HS2 costing us a fortune and failing to deliver any rail journeys on time or to budget
Steel absorbing large sums to pay losses,probably ending in job losses and compensation to the Chinese.
It’s more a case of nationalised industries owning us and plundering our bank accounts, rather than us owning and benefitting from the nationalised industries. We used to own something called public dividend share in some of them but instead of paying us dividends they usually sent us big bills to pay their losses.
https://emea01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fdrive.google.com%2Fdrive%2Ffolders%2F1bubP0hkT3IGIgXvLMrQAVl4wIzIpWetH%3Fusp%3Dsharing
May 25, 2026
So with any new Nationalised projects we need to learn from past mistakes and create industries which are not ruled by any other than British , thereby ensuring permanence on British soil.
If as you prefer, private companies take over,then a clause written into contracts that their business ( note ,not our business) must remain in GB .
I am not for giving power away to others ,for example in the NHS ,which has more or less ruined it.
May 25, 2026
The problem was, all nationalised industries were run by the unions which were dominated by communists. We see the behaviour on the London Underground and the Teachers Unions.
Their mission is to cause chaos and disruption putting the customers and taxpayers a very distant last.
We are approaching the same circumstances with this government which is dominated by union sponsored MPs.
God help us if Rayner gets to be PM with Milibrain pulling her strings. Nothing short of a revolution can save us and I fear that’s not far off.
May 25, 2026
Any business is a commercial activity operating in a market, but if you apply socialist principles to the business or the market then failure is inevitable.
Here’s a fun fact, China’s government expenditure as a percentage of GDP is LOWER than the UK; 33% v 44%. according to the IMF Which is the socialist country?https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/GBR/SWE/ESP/ITA/ZAF/IND
May 25, 2026
Preparations are ongoing to place the UK under the direct control and authority of the EUs totalitarian Commission.
The mechanism to bring that state of affairs about is failure of government by design.
The most amazing feature of Keir Starmer’s ongoing presence, is how he seems completely unaffected by his abject failure and almost universal rejection even by his own party, yet he continues to deliver his failures with the same monotonous incompetence as if his rejection by the nation is of no consequence to him?
He is clearly supported by what he considers a more significant authority and it certainly is not the voters in our increasingly thread bare democracy.
Some say he is gaining his strength from the Fabian society members that he is part of, others suggest it’s the Chinese support.
I am sure there is some merit in that but I am ever more certain he is being maintained in office by the EU and its agents who continue to drive for a totally unified Europe no matter the social cost. I am convinced the destruction of the £pound as an independent exchange currency is part of the master plan of the EU. Once the £pound is lost the rescue mechanism will be a forced abandonment and adoption of the Euro, along with permanent membership of the EU under rescue status conditions.
Total subservience to the EU Commission and its absolute inflexible rules.
I am now sure that is what Starmer is engaged in promoting. Nationalisation is simply another indication of the totalitarian government objective he is focused on delivering…for the Greater EU.