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privatisation

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Reversing Thatcher’s failed legacy of privatisation can be a Labour vote-winner. If you see Keir, tell him | Julian Coman
NOTICIA
05.05.2026

Reversing Thatcher’s failed legacy of privatisation can be a Labour vote-winner. If you see Keir, tell him | Julian Coman

The Tell Sid campaign promised to make the working man rich, but in reality the selling of public assets made us all poorerIn the summer of 1987, as life in Britain was being steadily reshaped by Margaret Thatcher, I landed a temporary job as an electrician’s mate in a steel-drum factory. I was a truly useless assistant, and justified my existence by singing songs to entertain my boss as he worked. As I recall, by the time I left Stuart had come round to quite liking Bob Dylan, but still had no time for the gothic gloominess of the early Cure.While I handed him tools he didn’t need, and failed to locate the ones he did, we occasionally talked about politics. Stuart was a gentle man in his mid-20s, already married and hoping to buy a house. He was also, it turned out, a cautious believer in Thatcher’s promise of a “people’s capitalism” in which working people would get a piece of the action. Prior to my coming to “help” him, he was one of the millions who had responded to the previous year’s Tell Sid ad campaign and bought shares in newly privatised British Gas. Continue reading...

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Guardian Business
Fee hikes, big bonuses, then bosses exit: the curious case of City & Guilds privatisation
NOTICIA
19.04.2026

Fee hikes, big bonuses, then bosses exit: the curious case of City & Guilds privatisation

Sale of vocational training brand and million-pound executive pay deals now subject to Charity Commission inquiryWhen electrician Charlie Butler was contacted by City & Guilds last autumn, he received a shock.He had branched out to launch a new company schooling future sparkies in Essex, offering City & Guilds-affiliated courses and qualifications. When the representative from the training charity called, Butler was expecting a quick conversation about a small uptick in the annual fees. Continue reading...

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Guardian Business