Prices and Powers
Article Abstract:
A British consumer group, the London Electricity Consultative Council, is challenging the government's proposed two per cent increase in electricity prices. Unlike most nationalized industries, the electrical companies are profitable. They pay into the treasury, rather than depend on government subsidies to reduce heavy losses. The government prefers that this controversy does not reach the courts, as controls of nationalized industries have no legal grounds.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
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Privatisation: Now the Government's Troubles Begin
Article Abstract:
The British government hopes to dispose of its interests in state industries at a rate which will bring in about 2 billion pounds over the next four years. Some problems must be dealt with. The government must decide which of its reasons for selling the nationalized industries has priority. The order of the sales must be determined. There are dissenting views on how the energy monopolies should be divided.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
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