Beware of false profits

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Adrian Ringrose, the chief executive of Interserve, is missing the point when he says: ‘It’s very insulting to the 20,000 people that my company employs who work in public services to say that, because they work for a business that wants to make a profit, it means they don’t care any more about the service they are delivering’ (Adrian Ringrose profile, November 20–26).

Of course they care – that is human nature – but a company must hold its shareholders’ interests first. Good commercial service might be better than bad public service, but it will never match the best ­because of its never ending requirement for maximum profit.

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