privitisation deregulation nationalisation Flashcards

(6 cards)

1
Q

Royal Mail

A

2006- deregulation, open competition, encourage x efficiency and lower prices

privatised 2016, reduce burden natioanl debt

since privatisation strikes, service quality and complaints increased

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2
Q

British steel Scunthorpe

A

2023 British steel reported losses 231 million

2025 gov intervened to control British steels Scunthorpe plant to prevent shut down of last virgin steel producer

maintain employment

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3
Q

great British energy

A

state owed company investing in operating are renweable energy projects

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4
Q

great British railways

A

new state owned entity designed integrate rail infrastructure and train service operations gradually take over private sector as rain franchises when they come to an end

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5
Q
A
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6
Q

national rail and ORR

A

ORR price caps and cha=rages rail operators pay to use tracks

network rail has faced criticism for inefficiency, delays and overruns in infrastructure projects

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