Re: @Lee D
Owned, but not run by Whitehall. With no shareholders
Of cours it would have shareholders. Every taxpayer would be a shareholder.
And who would run it, and for what targets? Charge too little and it won't be able to attract decent staff, so it will get the reputation for being shite. Charge too much and it won't have any customers. How would it be any different from any other player, except for not being accountable to anyone who can actually control it?