Has privatisation in the UK proved successful and/or beneficial?
Viewed from a stakeholder point of view, there have clearly been some discernible
benefits. The government, for example, has received substantial revenues from the sales
of public assets and from increased profits taxes and has removed utility borrowing
requirements from the public sector.4Customers are said to have gained from an
improved level of services (in most cases) and from lower prices, while many shareholders
in privatised utility stocks have made windfall gains from share transactions