SIR – It didn’t take long for Mr Osborne to get round to offering our remaining assets to his friends in the financial sector.

Besides the fact that we, the public, were once again not consulted as to whether we wanted to sell of RBS and what remains of the Royal Mail, I don’t see much evidence of shares being offered to the “ordinary” man in the street either.

The fact that he is selling RBS at a loss is nothing short of a scandal and his constant carping about the last government using the hard working taxpayer`s money to bail them out is just more unjustified rhetoric aimed at demonising the Labour Party. He was, at the time full of praise for the Labour government propping up the banks in order to stave off a financial meltdown!

This is all being done, not as a means of getting money back into treasury coffers but as part of the Tory doctrine of shrinking the public sector in order to boost the money making potential of the private sector.

The only winners in this sell off are his friends in the financial sector who will reap the benefits when share prices rise.

The great sale started the moment that the Tories gained the slimmest of majorities and they will squeeze public services to destruction as soon as they possibly can.

The end result is if you can pay for it, all well and good. If not, hard luck!

Colin Durkin, Moffat Close, Bradford