The railways were nationalised shortly after the war and stayed in public ownership until the 1990s under John Major. The track, stations and signals, the bulk of the assets, were renationalised by Labour early this century. In 1950 BR employed 606,00… read more
I was invited to visit Acante Solutions, a member of the Unilink Group, on the Heron Industrial Estate on Friday 5th January. This local business has grown well over the 23 years since its foundation. It assembles kiosks and terminals that allow peopl… read more
Labour nationalised steel after the war, only for the Conservatives to denationalise it when they came to office in 1951. Labour renationalised it in 1967 and ran a grand investment strategy through to the end of the 1970s when it had to be abandoned… read more
All previous Labour governments have nationalised some state assets. The 1945-51 government did so on a large scale out of ideological conviction. The Wilson government of 1964-70 and the Wilson-Callaghan administration of 1974-9 did so alleging it … read more
The government was able to report a reasonable increase in productivity in the third quarter of 2017 with a 0.9% gain in the three months, with similar advances in both services and industry. The Treasury is keen to advance productivity as a means of … read more