Assessing the welfare impact of a policy on the scale of the British privatisation programme is a daunting task. Four sets of issues raised in the impressive study by Florio et al of the British privatisation programme merit further discussion. One such set of issues relates to the different...

This chapter looks at the UK s privatisation experiment, which began from the late 1970s. It considers the background to the UK s privatisations, which industries were privatised and how, and summarises the results of studies of performance changes in privatised companies in the UK. It looks at...