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Alexander - no - this goes back 12 years or more. That is how long the nuclear power industry have been waiting for the go-ahead. This is not a matter of what you refer to as 'State money' either. It is a highly controlled and regulated part of the power generation industry and businesses cannot just go ahead and decide to build without government say-so.
My lot Keith, my lot... Why are you so divisive? You could have bought the shares yourself. You might own or have owned them anyway, via your pensions/ISAs or whatever. There is no them and us here.
Also to correct your personal insult in that post....
I am a professional investment adviser who has been fee based since 2004. I am not an insurance adviser, though a bit of term assurance and income protection are sidelines. To describe me as an insurance adviser is a personal insult and is as bad as if I were to call you a prat or worse. I have a track record second to none with my bespoke investment portfolios so I certainly can talk about investment advice. It is clearly a subject about which you have absolutely no idea about.
I should correct you about other things as well. I have been saying for a long time, well before the 2007 slow-down that the regulatory reforms were wrong, that the inflation brief was wrong and that the Brown/Blair regime were spending far too much money. It is all of these things that led to the current economic crisis. Being an investment adviser I clearly need to be highly informed about economics and spend a considerable amount of time every day looking at economic trends and issues. People pay me to be so informed and to benefit from that knowledge.
Howard - when BT replaced the Post Office as telephone provider in preparation for privatisation, the old monopoly was already in the process of being being dismantled. People wanted to invest, quite rightly, in what was seen to be a potential massive growth company. Freed from that dead hand of nationalisation it certainly was that. No-one in their right mind would ever want to go back to the old monopoly.
There should be no nationalised businesses at all - the State cannot run anything and the less the State does or tries to do the better off we all would be. It should get off our back, defend the country and put criminals behind bars - that is about it.
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