The political genius that is Peter 'Mandy' Mandleson has decided to sell a wheelbarrow load of public assets that will be lost forever to private hands to help fill the coffers. Like anything else that is privatized they will be sold for next to nothing to some dodgy company or consortium with a very poor track record. Sales are always just a one off.

I might be way off but wouldn't it be better to tackle the issue of tax avoidance which costs an estimated £6-13 billion (probably much more) PER YEAR? Some companies are getting away with paying as little as a 2% tax rate because all the profits are exported overseas quite legally to tax havens. For those lucky enough to earn average or below average wages we have to pay rates of 20%+. How fortunate we are.