UK scraps Fibre Tax review The coalition government has scrapped the promised review on the tax paid on fibre-optic connections, leaving BT and Virgin with enough tax advantages to maintain their duopoly. Confirmation that the review is to be dropped comes from Ed Vaizey, Minister for Communication, Culture and the Creative Industries, which is where …
Oh, no hangon.. No I'm not.
They'll have got some cash in a dirty brown enevelope from a campaigner to open it up to competion during their election campaign. Now theyre in power, they'll have done some 'consulting' work for BT or Virgin and funnily enough changed their minds.
Gravy train meets easy street.
Not really. The cable compaines borrowed vast sums of money from the banks which they've never paid back. Look at how much debt Virgin is carrying.
When BT and it's predecessors were in public ownership they made a profit and the government made money from its ownership - so the taxpayer in effect gave the GPO a loan to build the local network which they got repaid with interest and then the government sold the network and company to the public in exchange for money used to fund tax cuts.
If these were Conservative promises in what sense are the Conservative part of the coalition expected to keep these without our Lib-Dem support ? Do please hold the coalition to promises made in both the Lib-Dem and the Conservative manifestos. Hold the government to the coalition agreement as published. As far as I am concerned everything else is negotiable, based on what I would hope and expect, is believed in the best public interest in consideration of the fact that individual party memberships can be cancelled at any time - mine's a monthly subscription. But don't hold us to what just one of the coalition parties wants without majority support from the electorate please.
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