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Podcast: Beyond Currency
Episode: 22 August 2023 - Nationalisation: a vote winner for Labour?
Description: The mid to late eighties were a time of momentous change in UK financial services. In 1986, Big Bank took place which revolutionised the way equities were traded which allowed easier access to the market to the “man in the Street.”
This was also the time of privatisation, when the country's publicly owned utility companies were sold off, apparently to allow greater competition in the marketplace. However, to most of us all it meant was an opportunity to make a “quick buck” the individual companies were “attractively priced” to ensure the float would be successful.
At a stroke, gas, electricity, telecoms, railways, an...