this post was submitted on 06 Jul 2023
13 points (84.2% liked)

UK Politics

2983 readers
158 users here now

General Discussion for politics in the UK.
Please don't post to both [email protected] and [email protected] .
Pick the most appropriate, and put it there.

Posts should be related to UK-centric politics, and should be either a link to a reputable news source for news, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread. (These things should be publicly discussed)

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

[email protected] appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(

founded 1 year ago
MODERATORS
 

Blame financial blunders and timid regulation, not privatisation

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago (1 children)

It's a double edged sword. A private company with a strong regulator might have more appetite for investment. However, a private company might also do their utmost to work around any rules, investing as little as possible to make the most profits.

[–] [email protected] 1 points 1 year ago

Which is why the 'strong' bit of 'strong regulation' is key. Not just write some hands-off rules and call it job done, but ongoing supervision by the regulator.