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Public Sector Utility
Public Sector Utilities (PSUs) are organizations or companies that provide essential public services in the UK. These services are considered to be essential to the well-being and functioning of society, and as such, they are owned and operated by the government.
Examples of PSUs in the UK include the National Health Service (NHS), which provides healthcare services, and the National Grid, which operates the electricity and gas networks. Other examples include public transportation, water and sewage systems, and public education. The main objective of PSUs is to provide essential services to the public at an affordable price, rather than to make a profit. PSUs are financed by the government through taxes and sometimes also through user fees.