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UK nationalisation

  • Wednesday, 4 December, 2024
    South Western Railway set to be first train operator nationalised by Labour

    Next companies to return to public control will be c2c and Greater Anglia under UK government plans

    A South Western Railway train in Hampshire
  • Tuesday, 3 December, 2024
    British Steel Ltd
    British Steel nationalisation is one rescue option, government admits

    Public ownership for lossmaking business least preferred route as deal sought over future with Chinese owner

    British Steel in Scunthorpe
  • Monday, 9 September, 2024
    England ‘bus revolution’ will need more investment, Labour warned

    Plans to give councils the power to run their own services require extra funding, say operators and local authorities

    Passengers climb aboard a bus as it travels down the North Yorkshire coast between Saltburn By The Sea and Whitby
  • Tuesday, 3 September, 2024
    The FT ViewThe editorial board
    Investment, not ownership, is the issue for Britain’s railways

    Nationalising train operators is no guarantee of better performance

    Commuters walk along a platform at Waterloo Station in London
  • Thursday, 18 July, 2024
    Rail
    Labour to begin rail nationalisations within months

    Nearly three-quarters of journeys could be on state-controlled lines by July 2025, analysis shows

    Platforms at Birmingham New Street train station
  • Friday, 26 April, 2024
    Labour plans to retain key private sector role in Britain’s nationalised railways

    Party has no proposals for state involvement in companies that own trains

    Sir Keir Starmer and shadow transport secretary Louise Haigh during a visit to the Hitachi rail manufacturing plant in Newton Aycliffe
  • Wednesday, 24 April, 2024
    Rail
    Labour pledges to fully renationalise rail network

    Opposition says it will roll out reforms within first term if it wins UK general election

    Passengers on the platform at London King’s Cross Station
  • Thursday, 18 April, 2024
    Thames Water
    Thames Water lenders face losses of up to 40% in event of nationalisation

    Government contingency plans could see bulk of debt taken on by state with utility split in two

    Thames Water pumping station
  • Monday, 19 February, 2024
    Business InsightPatrick Jenkins
    Ten reasons why a mass-market sale of NatWest stock is now a bad idea

    Jeremy Hunt’s plan to sell down the UK government stake risks backfiring badly

    NatWest cash machines
  • Saturday, 21 October, 2023
    Workplace pensions
    UK Treasury set for £100mn windfall from nationalised banks’ pension funds

    Government took over Bradford & Bingley and Northern Rock during 2008 financial crisis

    Montage featuring the logos of Bradford & Bingley and Northern Rock
  • Sunday, 6 August, 2023
    Philip Stephens
    What Britain can learn from its polluted waterways

    The legacy of privatisation reaches way beyond the water industry. Now, a rebalancing of market and state is needed

    Aerial view of outfall into the River Thames from a Thames Water sewage works
  • Friday, 30 June, 2023
    Thames Water
    Thames Water shareholder shows support for troubled company

    Universities Superannuation Scheme gives backing to turnround plan as Severn Water boss tries to rally sector against nationalisation

    Thames Water logo
  • Wednesday, 17 May, 2023
    Labour party UK
    Labour’s top union backer to urge Starmer to nationalise UK energy sector

    Unite says taxpayers would benefit from buying up Big Six suppliers, distributors and North Sea oil and gas

    Sharon Graham
  • Tuesday, 9 May, 2023
    Nathalie Thomas
    England’s water companies face day of reckoning

    Outrage over sewage spills has forced some chiefs to give up their bonuses but more action is needed

    Campaigners take part in a day of action against sewage pollution coordinated by Surfers Against Sewage in Newquay, Cornwall
  • Monday, 19 September, 2022
    Southern Water Ltd
    Southern Water sewage dumps show scale of clean-up job for Australian owner

    Only £230mn of £1bn injected into provider last year was used to upgrade operations

    Protesters from Hastings and St Leonards march  against raw sewage release incidents on Sussex beaches this summer
  • Monday, 4 July, 2022
    ReviewEconomics books
    British Rail: A New History — a timely reminder of how to run a railway

    Christian Wolmar’s examination of nationalisation reveals that in the 1980s and 1990s the system was making progress

    A high-speed train at a busy station platform
  • Tuesday, 28 September, 2021
    Helen Thomas
    Southeastern mess is a fitting farewell to UK rail franchising

    Go-Ahead will be operating under a cloud while investigations continue with the threat of further penalties

    An employee of Go-Ahead’s Southeastern railway franchise signals for a train to leave at London Bridge station
  • Tuesday, 28 September, 2021
    Go-Ahead Group PLC
    UK government to take control of Southeastern rail franchise

    Probe finds ‘serious breaches’ of group’s franchise agreement, says transport secretary

    Commuters board a ‘Javelin’ train operated by the Go-Ahead Group
  • Wednesday, 28 July, 2021
    UK economy
    Sheffield Forgemasters to be nationalised to secure its future

    State control will secure production of vital components for Royal Navy nuclear submarines

    Workers stand as a red hot steel component is produced on a heavy forge press at Sheffield Forgemasters
  • Sunday, 24 May, 2020
    UK economy
    ‘Project Birch’ plan to bail out stricken UK companies

    State to acquire stakes in important businesses facing acute financial difficulties

  • Friday, 28 February, 2020
    UK politics
    All change as rail franchises reach end of the line

    Termination of Northern contract signals wider problems with privatised system

    Transport Secretary Grant Shapps visits Leeds Train Station as it is announced that the Northern Rail franchise will only be able to continue "for a number of months". PA Photo. Picture date: Thursday January 9, 2020. The Northern Rail franchise will only be able to continue "for a number of months", according to the most recent financial information, the Government has said. Transport Secretary Grant Shapps announced he is evaluating a proposal from the train operator on options for continuing its franchise. See PA story INDUSTRY Northern. Photo credit should read: Danny Lawson/PA Wire
  • Thursday, 30 January, 2020
    Northern Rail Ltd
    Northern rail franchise to be nationalised, says UK government

    Arriva’s contract halted early as state takes over second operator in 2 years

    A Northern train at Leeds Train Station as it is announced that the Northern Rail franchise will only be able to continue "for a number of months".
  • Friday, 13 December, 2019
    UK general election
    Relief rally boosts sterling and former Labour nationalisation targets

    Exuberance over Tory victory tempered by UK’s lack of post-Brexit trade deal with EU

    national grid, PA, BT openreach Bloomberg, royal mail getty
  • Tuesday, 3 December, 2019
    UK utility investors prepare to fight with nationalisation in prospect

    Labour pledges on water and telecoms trigger pre-emptive defensive moves and talks with lawyers

  • Sunday, 24 November, 2019
    Business InsightJonathan Ford
    Cost is not the main issue with Labour’s nationalisation plans

    The real worry is what happens afterwards

    Britain's opposition Labour Party Shadow Chancellor of the Exchequer John McDonnell delivers a speech on the economy in London on November 19, 2019, during a general election campaign event. - Britain will go to the polls on December 12, 2019 to vote in a pre-Christmas general election. (Photo by Daniel LEAL-OLIVAS / AFP) (Photo by DANIEL LEAL-OLIVAS/AFP via Getty Images)
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