(06 Oct 2013, 9:30 am)Andreos1 wrote According to Chuka Umunna this morning, the value put onto the Royal Mail by the Tories is significantly lower than it should be - they have failed to reflect or take into account the value of the land included in the sale.
A cynic may suggest the decision was a deliberate one.
After all, how many people would love to get their hands on prime real estate for peanuts?
Well that's well and truly devalued that statement in your first four words. Chuka Umunna appears to be Labour's "next big thing", but he's about as much use as a chocolate fireguard.
Are they actually selling the land/estates? Surely this makes it difficult for it to be put out for tender again at the end of the PPP? The new land/estates owner would be under no obligation to sell as far as the law of the land goes. It'd make more sense for the land/estates to be leased to whoever wins the tender for the duration of that contract - a tactic that hasn't been uncommon in previous government PPPs.
It's not like we're selling Gold at a rock bottom price mind...