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Biographies
Baker, Kenneth
Churchill, Winston Leonard Spencer
Heseltine, Michael
Jefferson, George
Jenkin
Joseph
Lawson, Nigel
Major, John Roy
Parkinson, Cecil
Ridley, Nicholas
Simpson, George
Tebbit, Norman
Thatcher, Margaret Hilda
Wakenham, John
Places
Bristol
London

Privatization
History of Great Britain

              


1952
Churchill, Winston Leonard Spencer
5th Nov London The Bill for the denationalzation of steel is introduced into the House of Commons
1953
Churchill, Winston Leonard Spencer
14th May London The Bill for the denationalization of steel is given the Royal Assent
1979
Joseph
London Challenges British Telecom's monopoly by helping to create Mercury Communications
1980
Thatcher, Margaret Hilda
London Amershan International is sold for œ71 million
1981
Lawson, Nigel
19th Oct London Announces proposals in the House of Commons to privatize BNOC
19th Oct London Announces proposals in the House of Commons to privatize British Gas
10th Nov London Unerwriting for the privatization of BNOC & British Gas is completed
17th Dec London The Bill to privatize British Gas & BNOC is published
1981
Thatcher, Margaret Hilda
London Cable & Wireless is sold for œ224 million
1982
Jenkin
London Announces British Telecom is to be privatized
1982
Thatcher, Margaret Hilda
Bristol Britoil is sold for œ549 million
1983
Jefferson, George
London Helps the Government prepare BT for privatization
1983
Lawson, Nigel
29th June London Decides to sell mor British Petroleum shares due to the increase in PSBR
1983
Tebbit, Norman
London Introduces a Bill into Parliament to privatize British Telecom
1983
Thatcher, Margaret Hilda
London Associated British Ports is sold for œ22 million
1984
Lawson, Nigel
London Completes the privatization of British Telecom
1984
Thatcher, Margaret Hilda
British Telecom is sold for œ3,916 million
Enterprise Oil is sold for œ392 million
Jaguar is sold for œ294 million
Jaguar Motors is sold to private investors
20th Nov British Telecom is floated on the stock exchange
1985
Lawson, Nigel
London Introduces a Bill to privatize the Trustee Savings Bank
Sep London The Trustee Savings Bank is sold
1985
Thatcher, Margaret Hilda
26th Mar London Agrees to the total privatization of British Gas
1986
Baker, Kenneth
London Publishes the White Paper for the privatization of Water
1986
Lawson, Nigel
London A 100% of British Gas is offerred for sale in December raising œ5.4 billion
1986
Thatcher, Margaret Hilda
London British Gas is sold for œ5,434 million
1987
Lawson, Nigel
British Airways is sold for œ900 million in February
29th Oct Announces in Parliament the BP flotation will go ahead despite the stock market crash
30th Oct BP shares are sold on the stock exchange after a buy back scheme is introduced
1987
Thatcher, Margaret Hilda
Agrees on the eve of the election with Lawson & Walker to privatize electricity
British Airways is sold for œ900 million
Rolls Royce is sold for œ1,363 million
The British Airports Authority is sold for œ1,281 million
1988
Parkinson, Cecil
25th Feb London Announces to the House of Commons his intention to privatize the electricity industry
1988
Thatcher, Margaret Hilda
London British Steel is sold for œ2,500 million
1989
Lawson, Nigel
London 10 regional water companies are "floated on the stock exchange in November
1989
Parkinson, Cecil
London It is decided to keep Magnox power stations under Government control
1989
Ridley, Nicholas
Dec London The ten regional water authorities are privatized raising œ5 billion
1989
Thatcher, Margaret Hilda
London The Regional Water Companies are sold for œ5,110 million
1990
Major, John Roy
London National Power & Power Gen are sold for œ2,230 million
London The Electricity Distribution Companies are sold for œ5,092 million
5th Dec London Electricity privatization is launched
1990
Wakenham, John
Minister responsible for the privatization of the electricity industry
1991
Major, John Roy
London Scottish Power & Scottish Hydro Electricare sold for œ2,880 million
1993
Major, John Roy
Legislation is passed to nationalize the railways
1994
Heseltine, Michael
3rd Nov London The Cabinet rejects Heseltine's proposals to privatize the Post Office
1994
Major, John Roy
1st Feb London There are angry clashes in the House of Commons over the sale of the last major British car manufacturer Rover.
1st Feb The stock-market confirms German prestige car-maker BMW is buying the majority share - 80% - in Rover from British Aerospace (BAe) for œ800 million
29th Dec London The privatization of British Coal Corp is completed
1994
Simpson, George
1st Feb Rover chairman George Simpson flies to Tokyo as soon as the BAe board agrees to accept BMW's offer
1st Feb The stock-market confirms German prestige car-maker BMW is buying the majority share - 80% - in Rover from British Aerospace (BAe) for œ800 million

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