Tuesday, December 17, 2019

Market forces

Let's have a quick look at some of the top stories on the BBC News site yesterday, shall we?

1. Travellers reliant on Northern and Transpennine Express have experienced (and no doubt will continue to experience) rail chaos as both companies implement new timetables.

2. Water firms have been borrowing enormous sums but then using the cash to pay dividends to shareholders rather than to improve the service they provide to users or to combat pollution and leaks.

3. Two former Serco executives have been charged with fraud by false representation and false accounting following a Serious Fraud Office investigation into the electronic tagging service that the company provided to the Ministry of Justice.

If only there had been a party contesting Thursday's election that was proposing to curtail the corporate takeover of public services and indeed to take some back out of private hands, eh?

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