Utilities (Privatisation)

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 1:45 pm on 4 December 1996.

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Photo of Greg Knight Greg Knight Minister of State (Energy and Industry) 1:45, 4 December 1996

Privatisation, with independent regulation, has brought substantial benefits to the consumer in the form of lower prices, higher standards of service and wider choice, and it has led to a welcome improvement in efficiency.