Reply to post: While we're talking about money...

Why OH WHY did Blighty privatise EVERYTHING?

Zog_but_not_the_first Silver badge

While we're talking about money...

How do the books balance out given the one-time cash intake to the Treasury from privatisation plus the avoided cost (year on year) of running the nationalised organisations? Why weren't the recipient Govs rolling in it?

Or have these aspects been forgotten as Thatcher conveniently neglected to mention the bonanza of North Sea oil revenue and its contribution to the exchequer?

(Yes, I woke up grumpy today)

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