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  Keith - fund managers, perhaps yours, will buy the shares. What is more they should be a good 'value' rather than 'growth' buy that will produce good dividends to feed income portfolios. They will be much favoured by pension funds and other income generating portfolios. As I said, if some backward and plainly idiotic government decided to break the law doing what only authoritarian dictatorships have done before then they will be steeling ultimately not from the pension, insurance and mutual funds but their members, largely vulnerable and elderly people.
  
  Such a government would be held to account in international courts too and investors will be deterred from putting money into this country with such a irresponsible government in charge. The economy and jobs will also suffer.
  
  Meanwhile to Royal Mail will carry on offering an inferior service, will get into the position of needing more and more taxpayer subsidy and will become an ever bigger public liability.

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