Nice find Dan Dare - I'm getting all nostalgic reading it. Makes me want to get the donkey jacket and the placards out of the shed!
Q9. Is it all about selling off parts/all of Nats?
This is a very important question. It appeared very clear after the discussions at conference, that other ATM providers, even if privatised, will protect their interests. That leaves us vulnerable to a takeover!! Reduced costs and limiting future liabilities will make the company a very attractive purchase, especially NSL. The pre-budget report flagged the government's willingness to sell any of it's interests, and Nats specifically.
This bit is of particular interest. The proposed changes will limit future liabilities significantly and yet all talk of dangers to the pension seem to revolve around NATS going bankrupt rather than being sold.