Search results
Results From The WOW.Com Content Network
Under the Conservative government of Margaret Thatcher elected in 1979, various state-owned businesses were gradually sold off, including various auxiliary and supporting functions related to the railways – Sealink ferries and British Transport Hotels by 1984, Travellers Fare catering by 1988 and British Rail Engineering Limited (train ...
Privatization became a key plank of economic policy, and nine of the firms in the FTSE. ... Under Margaret Thatcher's watch the remaining stake was sold, with two big sales in 1979 and 1987. The ...
Margaret Thatcher was Prime Minister of the United Kingdom from 4 May 1979 to 28 November 1990, during which time she led a Conservative majority government. She was the first woman to hold that office. During her premiership, Thatcher moved to liberalise the British economy through deregulation, privatisation, and the promotion of ...
Thatcher's former cabinet colleague Michael Heseltine then challenged her for the leadership of the party; she led the first round of voting by Conservative MPs (20 November) with just under 55% of the vote but fell four votes short of the 15% margin needed to win outright. Though she initially stated that she intended to contest the second ...
After extensive privatisation of the public sector during the Margaret Thatcher administration, there remain few statutory corporations in the UK. Privatisation began in the late 1970s, and notable privatisations include the Central Electricity Generating Board, British Rail, and more recently Royal Mail.
In the first attempt at a social welfare analysis of the British privatization program under the Conservative governments of Margaret Thatcher and John Major during the 1980s and 1990s, Massimo Florio points to the absence of any productivity shock resulting strictly from ownership change. Instead, the impact on the previously nationalized ...
At the Treasury, Moore was charged with fronting government policy on privatisation. [1] Most notably, he oversaw the privatisation of British Telecom in 1984 and that of several other major utilities supplying gas, electricity and water. The privatisation of state-owned industries was a major feature of the Thatcher governments.
Margaret Hilda Thatcher, Baroness Thatcher [nb 2] (née Roberts; 13 October 1925 – 8 April 2013), was a British stateswoman and Conservative politician who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990.