PSI shares fall as markets anticipate fierce union opposition to privatisation‏

The Guardian is reporting that outsourcing companies have seen their shares fall back. Capita is leading the FTSE 100 losers, down 35p to 781.5p, while Serco has slid 17.5p to 611p. "The public sector unions possibly see themselves as a 'winner' from this (election) result with increased bargaining power against 'weak government'", says the article. http://www.guardian.co.uk/business/marketforceslive/2010/may/07/capitagroup-sercogroup
See also:
Torygraph predicts wave of strikes in response to cuts‏
UK economy couldn’t cope with Tory cuts, says expert
Debt, danger and privatisation - services firms win before UK vote counted‏