Whatever next: privatisation
Article Abstract:
The UK's Treasury intends to receive 8 billion pounds in 1992 through the sale of state-owned firms, despite the fact that a decade of aggressive privatization has left the state with few assets to sell. The UK holds equity interests in 33 firms, and it owns outright British Rail, British Coal, and the Royal Mail.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Contracting: the civil service
Article Abstract:
Privatization of central-government work has been mandated for 30%, or 20 billion pounds worth of subcontracts. This level of privatization is unprecedented, and carries the risks of inefficiencies and public outrage, but is balanced by the potential of massive cost cuts estimated at 25% or more.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Better broken up: British Gas
Article Abstract:
Competition for the gas market in Britain is finally emerging five years after the privatization of British Gas. Regulators are having difficulties deciding what is fair for the main competitor, Ofgas. British Gas has called in the Monopolies and Mergers Commission.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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