Privatisation of British Rail

It has been 20 years since the privatisation of British Rail occurred in Great Britain. This is when the government’s ownership and infrastructure of the railway where passed on to the private sector in order for them to try make it a better efficient market. The government have multiple regulations in order to keep this industry from falling back in to a monopoly. There has been many benefits and problems that have occurred to both the producer and consumer while the government have tried to intervene

its sustainability. This raises a debate on whether to privatise the health care system or to find other solutions for mitigating its two leading problems: high debt and high deficit. Despite the claims that privatisation will improve efficiency and cut the cost of expenditure, privatisation may lead to less accountability, a focus on profit, and the erosion of NHS’s core principal of accessible health care. There is evidence that private funding initiative (PFI) of some NHS trusts has led to an

reasons behind privatisation of public services, it is essential to study the socio-political environment of the UK in the 1970’s. During this period of time, the UK was hit by the post-war crisis, which led the Tories British political party, also known as the Conservative Party, to lose dominance in the parliament. During this time, in the Ridley Report, the Thatcher shadow cabinet started suggesting about the need to break up the public sector and to disjoint unions. Initially, privatisation was subordinate

Thatcherism is defined as the conviction politics, economic, social policy and political style of the British Conservative politician and Prime Minister, Margaret Thatcher. An exponent or supporter of Thatcherism is called a Thatcherite. Margaret Thatcher was born as Margaret Hilda Roberts on October, 13 1925 in Grantham, England. Her family owned a grocery store and they lived in a flat above the store. She was introduced to politics from an early age by her father who was a member of the town’s

quantities of inputs or an increase in qualities of factors of productions is necessary to shift the LRAS curve. This essay will focus on three policies, privatisation, education and technology investments and income tax cuts, as well as their positive and negative effects are discussed. Output gap? Business cycle? To begin with, privatisation is a policy that the ownership of a

efficent . managers in in governments industries or companies do not usuallyu sahre in any profits , howevre on the other hand , private firms is willing in making profits so it is more likly to cut costs and be effivint.Since privatisation, companies such as BT, and British Airways have shown degrees of improved efficiency and higher

commutes for many people across the country. The necessary rail checks that were taking place further increased these delays. After the introduction of these speed restrictions, commutes that originally took one hour and thirty-five minutes could turn into a journey of up to eight hours long. This became commonplace after the accident at Hatfield and the pandemonium that Railtrack sent Britain’s railways into. The anarchy

In this section I will explain the different development in the tourism industry since the 1960’s and what the effect it has on the travel industry. There are 5 legislation which is: 1)Development of tourism act 1969,this act entrenched a british tourist government and tourists boards for these countries (England. Scotland and wales). The aim was to coordinate all the organisation 2)Air passenger duty1996, this is to reduce on economy flights and removing a boundary to the growth of inbound tourism

INTRODUCTION John Major as a successor to Margaret Thatcher was always going to find life difficult. He says himself he rejected any talk of his creating 'Majorism' as Margaret created 'Thatcherism', claiming instead that "The Conservative Party does not belong to any one individual" . His priorities (at least initially) as he saw them were clear; inflation, inflation, inflation. Further to that, he aimed to reduce unemployment, although not through artificial job creation, but by preserving

INTRODUCTION This report looks at Virgin Rail Ltd, which is a subsidiary of Richard Branson's Virgin Group Ltd. Virgin Trains are one of the largest passenger train operators in Britain with more than 1600 services a week calling at over 130 stations. Virgin Rail operates two franchises, the West Coast Main Line and CrossCountry Trains. Birmingham is the hub of the Virgin Trains network from which frequent services are provided to London, Manchester, Sheffield Reading and Bristol with regular services