Re: Um...
Just to clarify - British Telecommunications was privatised in 1984 by the Conservative Party.
In general, the Conservative party (over a number of years/governments) have has a policy to privatise utilities. My guess would be for the following key reasons
1 - Free money - they get lots of money without having to raise taxes
2 - Unions - they can avoid getting involved in industrial action by saying that the companies are private and nothing to do with them.
all well and good - but if you don't regulate properly then eventually you will be up a creek without a paddle. Unfortunately for the country, the Conservatives are also big fans of light touch regulation.Which shows that you can't have your (privatisation) cake and eat it too.
Biting the hand that feeds IT
