The last of the silver

摘要

Privatisation used to be something that happened to the commanding heights of the economy. British Airways, British Gas, British Petroleum, British Rail, British Steel, British Telecom-all went private under Conservative governments in the 1980s and 1990s, along with a few other, less patriotically named firms. Three decades later the coalition government is keen to revive one of Margaret Thatcher's most celebrated policies. But there is not much left to sell.