Royal Mail will be taken over by a Czech billionaire after it accepted a £3.6billion takeover offer
GB News host Andrew Pierce has been left fuming at the takeover of Royal Mail and claimed that it "should remain British."
This comes after it was revealed that Royal Mail will be taken over by a Czech billionaire after it accepted a £3.6billion takeover offer.
Raging about the takeover on GB News, Pierce fumed: "We don't want it owned by a foreign company, a foreigner. These are institutions should remain British. It's called the Royal Mail the stamps have the King's head on them."
His co-host Bev Turner asked him: "Do we want it to remain British or be nationalised, do you think? Because obviously there's a huge difference."
Andrew responded: "It hasn't worked, but partly that would be because management has been useless. The management will say the unions have been restrictive and opposed to reform in working practices."
Bev added: "This is going to be such a massive issue on Keir Starmer's desk. Which of these industries and utility providers, I'm thinking also of the water industries, does he nationalise at great expense to the taxpayer?
"Which of them does he leave in private hands, even if foreign owners take over? Or will it be a combination of both."
