So our Royal Mail is as good as sold, to "financial institutions". There used to be laws against insider trading, but they seem to have gone by the by.
Much of the blame for this must attach to Ed Miliband. If he had promised renationalisation in his speech this week, then no such institution would have taken the risk. Contrary to what they themselves often assert, risk-taking is exactly what they do not do.
There is no point complaining that this was in no one's manifesto. Having been in The Orange Book, this was in the Lib Dem manifesto. One among many reasons why there must be a Labour overall majority in 2015.
And one among many reasons why there ought not to be any Lib Dem MPs whatever in the next Parliament. If that could be made to happen under the German electoral system, then it can certainly be made to happen under the British one.