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Sunday 30 June 2024

Privatisation

Extensive privatisation of the public sector during the Thatcher administration left few statutory corporations in the UK. In the 2012 coalition, Andrew Lansley began the restructuring of the NHS on the advice of a private management company. PFI was introduced in the 90s, but it was the 2012 Health and Social Care Act that has opened up the NHS to privatisation like never before. Thatcher privatised gas supplies in 1986 and electricity in 1990. In 1984 BT was privatised. 1989 saw Water privatised by Thatcher. Royal Mail was privatised in 2013 by Cameron. British Rail privatisation started in 1993 during Major's government. In 2004 Blair ushered in the possibility of GP services being run by private companies rather than GP partnerships. 

I think it's fairly obvious where the responsibility lies for the universal profit taking of our basic services by private companies. According to We Own It the majority of conservatives actually want our public services to be publicly owned.

https://weownit.org.uk/ 

Over 90% of the English water companies are owned by international investors, private equity funds, and banks. Only 8.5% of shareholders in the water sector are UK pension funds.

EDF Energy was formed after French energy company Electricite de France purchased London Energy. Therefore, EDF Energy is owned by the French state. It is also one of the largest distribution network operators in the UK after taking control of the UK nuclear generator, British Energy.

Ownership of UK bus services

 

Ownership of UK Railways


Royal Mail is owned by Daniel Kretinsky a Czech billionaire.

https://weownit.org.uk/privatisation - This site is very informative & gives you excellent reasons why privatisation is bad for you while being really good for investors & senior management.

Conservative governments have sold off everything for short term gain. Politicians have benefitted from privatisation by working for the private sector. 

https://www.theguardian.com/politics/2021/nov/15/half-of-tory-ex-ministers-take-jobs-in-sectors-relevant-to-former-department

The whole thing is a mess & the people paying the cost well into the future are you & me through our taxes. We have a chance to vote in people who might actually change things for the better. Who knows? But we do know that 14 years of conservative government hasn't worked for us, even if it has worked for them.

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