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Monday
01Dec

Can you imagine?

DateMonday, December 1, 2008
George Galloway calls for Woolies rescue
In my view, Woolworths ought to be on Business Secretary Lord Mandelson’s list of companies which the government should intervene to save, as a matter of urgency. It’s on sale for just a £1 and, although there would be additional costs to keep it as a going concern, the government could turn it into a people’s Woolies, employing local people, buying from local producers and ensuring it provided the services and goods local people on low incomes need. The alternative is to allow the vultures to pick it apart for their own profit.
I like George, I really do, but can you imagine Woolies run by some government department? It doesn't bear thinking about. I'd rather see the old girl slip away peacefully than go through the torture of public ownership.


AuthorMike Power - PermalinkLink - Print ArticlePrint - - - Comment2 Comments

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Reader Comments (2)

Well you know my thoughts. I'll miss Woolies terribly. But you're right, what could be worse than the government getting involved?

Maybe the 10,000 Woolworths employees would disagree. Would they qualify for Civil Servant pensions?
December 2, 2008 at 10:41 | Unregistered CommenterAaron
I don't know, have they been paying in for thirty years and when they joined was it on the understanding that they would receive a pension at the end of their career?

Woolies is fucked and being taken over by the government won't save it. I wonder what their competitors would think (including the people working for them).
December 2, 2008 at 16:08 | Unregistered CommenterMike Power

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