Re: Publicly owned business
"Utilities should be publicly owned"
They were. Government was perennially reluctant to put in the required investment so they were years or decades behind where they should have been. Eventually they were privatised so the government could get its (under)investment back and the utilities could borrow at commercial rates although some (hello Railtrack) never quite got weaned.
Next we have to remember cable. HMG let various telecoms companies have cable franchises. This, as a matter of policy, excluded BT because the competitors had to have a chance/had vacant directorships (delete as appropriate). Now, years and years later, BT is expected to step in and cable up all the parts of the country that the original franchises found too difficult/expensive (delete as appropriate and did somebody mention cherry picking?) in short order. And people are amazed that the task that the original franchises borked takes a lot of time and money.