Ever wondered how governments became morally and financially bankrupt? Cast your mind back to 25 years… November 21 marks the 25 anniversary of the privatisation of British Gas.
The Tell Sid campaign helped inspire the campaign to sell 425.5 million shares
And, apparently if 100 British Gas shares were bought at floatation in December 1986 at a total cost of £135, today they would be worth £1,686.
The Thatcher era produced over 20 million new shareholders through its intensive programme of privatisations, employee share ownership schemes and demutualisations. And some would say is the root of the current economic problems…
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