Both the leading candidates for the leadership of Britain’s opposition Labour party have now committed themselves to renationalising the country’s railways. But the state-owned British Rail was one if the most reviled institutions in the UK, and privatisation has delivered many relative benefits.
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19 August 2015, Financial Times
07 May 2014
The history of ICI and the British pharmaceutical industry may provide some pointers to show how shareholders and policymakers should react to Pfizer’s bid for Astra Zeneca.
19 March 2014, Financial Times
The test of an organisational structure is not how it handles success but how it copes when things go wrong.
06 November 2013, Financial Times
Ethics are about what to do when good behaviour and profitable business are not necessarily the same thing.
15 May 2013, Financial Times
One of the paradoxes of modern business is that firms have never had so little need of capital or so much involvement with capital markets.
04 April 2012, Financial Times
The British retailer John Lewis, owned by an employee trust and long a favourite of metropolitan women, has now become a favourite of their politician husbands.
11 January 2012, Financial Times
Modern titans derive their authority and influence from their position in a hierarchy, not their ownership of capital.
23 February 2011, Financial Times
A small fraction of the ingenuity devoted to the construction of complex financial instruments that no one should want could advantageously be applied to the construction of less complex instruments that meet the needs of the Big Society.
17 March 2010, Financial Times
The substitution of transaction-oriented dealings for relationship contracting added to profitability in the short run; but in the long run it eroded relationships that had been the underlying source of much of that profitability.
18 November 2009, Financial Times
If you aim to create a dynamic, successful business, a state-owned utility is not the place to start.
28 December 2009, Financial Times
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