Privatisation in UK  

At 1997 prices, almost £67billion was raised in revenue from privatisation in 1980-97.

In terms of widening share ownership, the effect was limited

The Private Finance Initiative (PFI) is claimed as an innovative way of drawing on private-sector expertise to finance and manage public projects such as roads and hospitals.

Prices have fallen in many industries such as gas, electricity and telecommunications ( but in recent years have started to increase again)

Centrica was demerged from British Gas, and has been successful in selling Gas and electricity and has recently bought the AA

Rail Privatisation thought to be most difficult and least successful.

 

By on November 28th, 2012 in