I think it's because if a time comes when the correct financial decision is to, say, close a unit of the business somewhere, the MP for the area kicks up a stink. With a private company they might send him away with a flea in his ear while a public organisation daren't do what's best for the business.
So, as an example, Ford decided the Southampton plant had to close for the good of their business and did it. Would a government-owned Ford do the same?
Vin
Maybe if they were given the EU loan that Osborne (part of the ECB) signed off then maybe they would! There was a lot more to that Ford transfer from Southampton to Turkey than the public see.


