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Who owns Britain? The effects of privatisation on the costs of living in the UK
(www.common-wealth.org)
this post was submitted on 22 Sep 2025
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The railways were effectively nationalised in 2020. They’re just handing the contracts back at their break point as a formality.
The Government nationalised a steelworks because it costs £700k a day to keep the furnace hot, and no-one’s been making steel there for years. They forced the owners to import coal to keep it going.
Both were huge stories running for weeks in the media. Baffles me how you could have missed either.
I work away for long periods at a time. I did hear about the steel but not its resolution.