Winston Leonard Spencer Churchill5 November 1952
The Bill for the denationalzation of steel is introduced into the House of Commons
Great Britain · Government / Conservative Party Government. Chronological records rendered directly from the World History Database.
The Bill for the denationalzation of steel is introduced into the House of Commons
The Bill for the denationalization of steel is given the Royal Assent
Challenges British Telecoms monopoly by helping to create Mercury Communications
Lawson announces plans to transfer BNOC's oil-producing business to the private sector and to dispose of selected British Gas Corporation oil interests as part of wider energy-market reform.
The Oil and Gas (Enterprise) Bill is published on 17 December 1981, providing for the transfer of BNOC's oil-producing business and wider private-sector participation in oil and gas.
Lawson's energy policy promotes competition and asset sales that help establish the policy framework later used for major gas and electricity privatisations.
Cable & Wireless is sold for œ224 million
Lawson announces the terms of the Britoil share tender, with 51 percent of the former BNOC oil-producing business offered for sale and the issue underwritten at a minimum tender price.
Announces British Telecom is to be privatized
Britoil is sold for œ549 million
Lawson supports the sale of additional government-held BP shares as part of efforts to reduce public borrowing and continue the privatisation programme.
Helps the Government prepare BT for privatization
Introduces a Bill into Parliament to privatize British Telecom
Associated British Ports is sold for œ22 million
British Telecom is floated on the stock exchange
British Telecom shares begin trading on 3 December 1984, completing the first major flotation of the company's shares into private ownership.
Jaguar Motors is sold to private investors. Jaguar is sold for 294 million. Enterprise Oil is sold for 392 million. British Telecom is sold for 3,916 million
Agrees to the total privatization of British Gas
Publishes the White Paper for the privatization of Water
The Trustee Savings Bank group proceeds toward public flotation in 1986 after restructuring under the Trustee Savings Banks Act 1985.
The TSB Group is reorganised and floated in 1986 following the enabling legislation passed in 1985, with the flotation arranged by the TSB and its financial advisers.
The Government sells British Gas through a major public share offer in 1986, raising several billion pounds and transferring the company into private ownership.
British Gas is sold for œ5,434 million
On 29 October 1987 Lawson announces in the House of Commons that the BP share offer will proceed despite the recent stock-market crash.
The Government proceeds with the 1987 BP share issue after Lawson decides that the offer should continue despite severe stock-market turbulence.
British Airways is privatised in February 1987 through a public share sale that transfers the airline into private ownership.
The British Airports Authority is sold for œ1,281 million. Rolls Royce is sold for œ1,363 million. British Airways is sold for œ900 million. Agrees on the eve of the election with Lawson & Walker to privatize electricity
Announces to the House of Commons his intention to privatize the electricity industry
British Steel is sold for œ2,500 million
The ten regional water authorities are privatized raising 5 billion pounds
The privatisation programme pursued during Lawson's chancellorship is followed by the flotation of the ten regional water companies in November 1989, shortly after he leaves the Treasury.
It is decided to keep Magnox power stations under Government control
The Regional Water Companies are sold for 5,110 million pounds
Electricity privatization is launched
The Electricity Distribution Companies are sold for œ5,092 million. National Power & Power Gen are sold for œ2,230 million
Minister responsible for the privatization of the electricity industry
Scottish Power & Scottish Hydro Electricare sold for 2,880 million pounds
Legislation is passed to nationalize the railways
The stock-market confirms German prestige car-maker BMW is buying the majority share - 80% - in Rover from British Aerospace (BAe) for 800 million pounds
There are angry clashes in the House of Commons over the sale of the last major british car manufacturer Rover
The stock-market confirms German prestige car-maker BMW is buying the majority share - 80% - in Rover from British Aerospace (BAe) for 800 million pounds. Rover chairman George Simpson flies to Tokyo as soon as the BAe board agrees to accept BMWs offer
The privatization of British Coal Corp is completed
Only 15 deep coal mines remain at the time of privatisation in 1994
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.