3 ms·
What, again? (British Steel's predecessor was itself a nationalisation effort in the 60s.)
by rsynnott 3mo ago
What, again?
(British Steel's predecessor was itself a nationalisation effort in the 60s.)
- hn_throw2025 3mo agoThe history is longer and more tangled than that. 1951 - Nationalised by Attlee (Labour) 1953 - Re-privatised by Churchill (Conservative) 1967 - Nationalised again by Wilson (Labour) 1988 - Privatised again by Thatcher (Conservative) 1999 - Allowed to merge with Dutch Hoogovens into Corus by Blair (Labour) 2007 - Allowed to be sold to Tata Steel by Blair (Labour) 2016 - Tata allowed to sell to Greybull Capital by Cameron (Conservative) 2020 - Takeover by Chinese Jingye under Johnson (Conservative) I worked there for three years in the mid 90s. Personally, I think it should have been left alone after 1951. But it is arguable whether ideologically driven militant unions would have destroyed it in the 1970s and 1980s.
- lpribis 3mo agoThe UK loves to take various infrastructure and industries private and public depending on which government is in power at the moment. See also trains, water, etc