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BT (British Telecom) is perhaps a good example of where a UK company could have succeeded (more), but this quasi-privatisation-yet-public-commodity thing has held them back.

The current market cap of the company is around a 1/3rd of the value of its pension scheme. Any takeover would be under intense scrutiny from the regulator.

Thankfully when it comes to water, in Scotland we did not privatise, nor is our water metered. We also continued to build onshore wind farms, unlike in England where it was effectively banned.



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