Nationalisation Again - National Express Taken into Public Ownership

First it was the banks.  Now it is strategic transport businesses.  The government has this morning nationalised the East Coast raiway line, previously operated by National Express.

The flight to safety

I wonder whether we are seeing the beginnings of a process that will lead to the large-scale nationalisation of the UK banking sector…

Bradford & Bingley - Nationalisation Looms

As we suggested last week, it looks like time might be up for buy-to-let mortgage specialist Bradford & Bingley.  There is widespread speculation in today’s media that the government is preparing to nationalise B&B soon after failed attempts to find a private sector buyer for the business…

AIG is nationalised at the last minute

In the end, the US authorities decided that AIG was just too big and too important to fail.  So they nationalised it.  The world’s largest insurance business is now owned by the US Government…