During the time of the Industrial Revolution in the late 18th Century, Britain, or Great Britain as she was known, was the leader of half the world and the most industrious nation on the planet. For example, Abraham Darby used pig iron and by turning it into wrought iron built the world’s first bridge made of iron at Ironbridge near Telford in Shropshire.
This bridge which spans the river Severn has been there for over two hundred and thirty four years. It is a testament to British ingenuity and grit. Something that we used to be proud of, but not anymore! Why? Because since the days of Margaret Thatcher, this country’s manufacturing infrastructure has been sliced up, diced up and sold off in piecemeal chunks to the higher, originally, and now lowest bidder.
The name of companies sold off are too numerous to mention, but a few of them you may recognise. For Example, BT or British Telecom, British Gas, East Midlands Electricity etc. Also, the coal mining industry was shut down to the detriment of thousands of families whose husbands worked down the mines. Everybody who remembers the Miners Strike of 1984-5 will never forget Arthur Scargill, Leader of the NUM, or the National Union of Mineworkers. Not long after, it was the turn of British Rail. That was broken up and sold off. They called it Privatisation. They promised that rail services would get better as a result of private investment, and have they? NO! The banks were also sold off and instead of offering better services, the average man in the street is more often than not held to ransom by his bank if he wants to leave because he has found a better deal with a different bank! While workers in the banking sector are being laid off in their thousands, the shareholders at the tops award themselves huge bonuses. For example, Bob Diamond was the former CEO of Barclays Bank. He was forced to resign due to the LIBOR rigging scandal, although he still pocketed over £2 million in a golden handshake, down his expected £20 million.
Every time the tories come to power the first thing they will try to do is to start privatising services. For example, this time around it’s the NHS & the Royal Mail. There may be a lot more to come yet but I don’t have all the details as of yet so I’ll keep you posted on that one!