Quiz question: which of these companies has never been nationalised: BP, the East India Company, Barclays Bank, Thomas Cook, Rolls-Royce?
Frankie Roberto
The answer to my quiz question (twitter.com/frankieroberto…)… BP was bought by Churchill and then gradually sold by Thatcher from 1979-1987.
Frankie Roberto
…The East India Company was nationalised after the Indian Mutiny, before being dissolved.
Frankie Roberto
…Thomas Cook was nationalised in 1948 as part of British Transport, and then sold in 1972 to Midland Bank. (I didn't know this)
Frankie Roberto
…Rolls-Royce was nationalised in 1971 by Edward Heath. The car business was sold to Vickers, the rest sold by Thatcher in 1987.
Frankie Roberto
…that just leaves Barclays Bank, which rejected bail-out money from the British Government, and was instead bailed-out by the US, via AIG.
Frankie Roberto
@blech the Government also owned and ran some breweries and pubs between 1916 and 1973: en.wikipedia.org/wiki/State_Man…
Frankie Roberto