Category: Privatisation

Burnham says MPs are privately urging him to challenge Starmer for Labour leadership

Greater Manchester mayor accuses Downing Street of creating a ‘climate of fear’ and says wholesale change is requiredAndy Burnham has said Labour MPs are privately urging him to challenge Keir Starmer to become prime...

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Right to buy in England ‘fuelled housing crisis and cost taxpayers £200bn’

Common Wealth report calls discounted sales of council homes one of the ‘largest giveaways in UK history’Margaret Thatcher’s right-to-buy scheme has cost UK taxpayers almost £200bn, according to a report...

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Ofwat to be abolished in ‘reset’ of water industry regulation

Environment secretary backs plan to end sewage spills and financial mismanagement in England and WalesBusiness live – updatesA new water regulator will replace the powers of Ofwat, the Drinking Water Inspectorate and the...

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New ‘powerful’ water regulator to replace ‘failed’ Ofwat in drive to ‘reset’ sector

Environment secretary backs Cunliffe review’s plan to end sewage scandals and financial mismanagement and ‘change the whole system’ in England and Wales• Business live – updatesA new,...

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Government sells final shares in NatWest 17 years after £45bn bailout

Sale ends state ownership of the banking group, then known as Royal Bank of Scotland, after 2008 rescue The UK has sold its final shares in NatWest Group, ending 17 years of state ownership since the £45bn taxpayer bailout...

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South Western Railway to become first train operator nationalised under Labour

As part of a comprehensive programme of renationalisation, the service will come under public ownership in MaySouth Western Railway will be the first train operator nationalised under the Labour government, ministers are...

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Remainder of year’s water bills will pay dividends and service debts, say campaigners

We Own It says 31% of water bills went on shareholder payouts and company debts in last financial year, while the same percentage of 2024 remainsTuesday is the day water bills will start servicing debt and paying shareholders...

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