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Posted

I was reading an article that said senior figures in private infrastructure firms have an actual policy of minimal investment because they count on letting the government take all the risk and then they can buy it once the model is proven later.

 

Clearly there was no directly attributed quotes in the article, but it doesn't sound unlikely does it?

Posted

From the figures I have read, Eurostar via a dividend was contributing just £ 3 million per annum to the UK. Selling off our share for £ 751 million gives the UK the equivalent to 250 years worth of profit in one hit.

 

I see this as actually a good deal for the UK.

Posted
If we sell it now then it clears some debt - agreed.

But that's v short-term. What about in a few years time? Where will the money come from then to support our infrastructure? To me it's like a plasterer selling his van to clear his credit card. Great in the short run but now he has no way of making more money so gets in more debt.

 

The problem is that our credit card bill is rather larger than most plasterers. It currently costs every household in the UK over £2000 just to pay the interest on our credit card. Then of course there is the small question of us paying back the £60,000 that each household owes on the credit card. At what point do you think the baliffs will come knocking with a view to repossesing Tower Bridge?

Posted
The problem is that our credit card bill is rather larger than most plasterers. It currently costs every household in the UK over £2000 just to pay the interest on our credit card. Then of course there is the small question of us paying back the £60,000 that each household owes on the credit card. At what point do you think the baliffs will come knocking with a view to repossesing Tower Bridge?

 

I wan't aware I owed £60k on a credit card I don't have?.....Or that I pay 2k in interest....

 

Also, if the figures you're quoting are to be believed, then selling Eurostar for 750 million I'm sure will sort it out nicely...;)

 

---------- Post added 05-03-2015 at 13:34 ----------

 

:huh::huh::huh:....Strange the original poster hasn't commented since the first post..

Posted
Naaaa...I'm not biting.... :wave:

 

Please accept the fact that I am not in any way seeking to embarrass you, I genuinely do not understand your statement.

 

If you decide to leave it at that fair enough, but I would wish you to understand that my question was genuine.

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