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Re:Britain has abandoned its claim to be the world's fifth l... by hardlianotion on Wednesday November 22, 2017 @06:18PM (#15761546)
Auction off? I am unaware of this. Perhaps that is not what you meant. Can you clarify or show where this happened?
Re:Britain has abandoned its claim to be the world's fifth l... by netsharc on Wednesday November 22, 2017 @06:46PM (#15761702)
Somehow they privatize things saying the market can offer a better deal than a government funded institute, when this happens the government-employed people are fired and then only some of them get hired by the private company. Savings at a cost of worse service, because fuck the taxpayers.

https://www.opendemocracy.net/shinealight/kiri-kankhwende/uk...

https://www.theguardian.com/business/2013/jul/29/serco-bigge...

Re:Britain has abandoned its claim to be the world's fifth l... by hansjorg on Wednesday November 22, 2017 @06:40PM (#15761663)
One example is the Royal Mail which was sold on the cheap a few years ago.

It was purchased mostly by a group of secret investors which promptly turned around and made bank on the 1bn pound price difference.