> It's easy to look back with the benefits of what we know now and realise that this was a monumental mistake. But that's an unreal, and unfair, bias. > Back i

> It's easy to look back with the benefits of what we know now and realise that this was a monumental mistake. But that's an unreal, and unfair, bias. > Back in 1990 the internet wasn't significant Sure the internet was nothing in the 90s but the telephone was huge, it was vital to business in the 80s and its popularity was only growing in the 90s. With hindsight we know that investing in the telephone would have been a bad call as it turned out to not be that important, but at the time they didn't know that they thought the telephone and its network was vital to business. It was THE technology of its time, it was the future of technology, it was the most obvious technology to invest in at the time. The issue is not that they didn't realise how vital the network was they knew exactly how vital it was at the time, but instead of investing in the future of said network Thatcher knowingly sacrificed that future to protect shareholders profits. Lets not use hindsight to blind us from the truth of the time so we can excuse poor decisions.