Some workers get share options as well : LETTER
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Your support makes all the difference.THE political decision to privatise public utilities was certainly debatable, but it is important to recognise that the share options granted to the directors of the newly-privatised concerns would have had no value at the time the options were given.
The share prices of the shares under option rose sharply subsequently. This was largely a result of the surge in profitability of the companies, arising from a range of possible causes from the exploitation of monopoly advantage to greater efficiency.
S G Grant
Letchworth, Herts
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