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Explain advantages and disadvantages of privatisation

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Reference no: EM13874347 , Length: 1000 Words

Explain about advantages and disadvantages of privatisation in 3 to 4 pages

Privatisation involves selling state owned assets to the private sector. This is often achieved through listing the new private company on the stock market. In the 1980s and 1990s, the UK privatised many previously state-owned industries such as:

  • BP
  • BT
  • British Airways
  • Electricity Companies
  • Gas companies

Reference no: EM13874347

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