Public Ownership is Successful
Public ownership in the UK
To celebrate the success of local publicly owned companies, we’ve partnered with the Local Government Authority to set up the Public Ownership Awards! Showcasing the UK's best publicly owned local initiatives from waste disposal to bus services.
Read through the entries and vote for your favourites. We’ll present an award to the scheme with the most votes at the end of the competition.
Public ownership around the world
We’ve found plenty of examples of successful publicly owned local initiatives in England, Scotland, Wales and Northern Ireland, but what about further afield?
Take a world tour of public ownership: the Transnational Institute has put together a report containing 835 examples of public ownership initiatives in 45 countries worldwide.
This movement is growing around the world as people realise there are viable alternatives to big business, austerity and capitalism.
Let’s protect our national treasures
Back in the UK, we think it’s important not just to campaign to bring things into public ownership, but to protect and cherish our national treasures - those services that have been in public ownership for years and successfully fulfil a vital function in society. Things like:
Case Study: The East Coast mainline
In 2009, the East Coast line was taken into public ownership (after National Express walked out on the contract) and it was a huge success. The service had a 91% customer satisfaction rate, required much less public subsidy, paid back £1 billion to the Treasury and was the most efficient franchise in the UK.
The government re-privatised the East Coast line in 2015, handing it to Virgin Trains. And now Virgin and Stagecoach have run crying back to the government after failing to make enough profit.
They’re asking for another handout from the government to keep the line running, and this is amongst the chaos caused by Southern Rail’s mismanagement and increasing calls to bring railways into public ownership.
A privatised East Coast line has failed twice. It should be brought into public ownership, and kept there in order to keep customers happy and save us all money.