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Public enterprises in the UK - A declining force

Public enterprises in the UK - A declining force

Lethbridge, Jane (2016) Public enterprises in the UK - A declining force. Italian Journal of Public Economics. ISSN 0390-6140 (Print), 1972-5566 (Online) (Submitted)

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Abstract

This paper examines some of the remaining national public enterprises in the United Kingdom (UK) and discusses recent policy trends. Privatisation policies were introduced to the UK in the 1980s, which led to a reduction in the number of national public enterprises in many sectors. This paper examines public enterprises which still operate either across the UK or in the devolved administrations of Scotland, Wales and Northern Ireland and function in communications/ broadcasting, public transport and environment/ water services. Several themes emerge from the analysis. Communications/ broadcasting companies are under threat from commercial competitors which now have implicit support from government. The new (2015) Conservative government is pursuing a more aggressive strategy with both the BBC and Channel 4. Several public transport companies over the last decade have moved from public to private ownership and have now returned to public ownership, an indication of the difficulties of maximising profits in the public transport sector. The devolved administrations of Scotland, Wales and N. Ireland have played an active role in either maintaining public enterprises or returning them to public ownership.

Item Type: Article
Uncontrolled Keywords: Public enterprises, privatisation, markets
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HJ Public Finance
Faculty / Department / Research Group: Faculty of Business
Faculty of Business > Department of International Business & Economics
Faculty of Business > Public Services International Research Unit (PSIRU)
Related URLs:
Last Modified: 27 Oct 2016 14:54
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/14973

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