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The British gas industry was privatised in 1986 under the provisions of the Gas Act 1986. [10] The Act abolished the British Gas Corporation and established British Gas plc. The 1986 Act also established a licensing regime, a Gas Consumers’ Council, and a regulator for the industry called the Office of Gas Supply (OFGAS). [10]
British Gas Corporation — was a state owned energy company supplying and distributing gas, that operated from 1972 to 1986. It was formed from the 12 regional gas boards. In 1986 it was privatised to become British Gas plc. British Gas plc — was an energy company supplying gas, and home services, that operated from 1986 to 1997. It was ...
Deutsche Post – the state owns 16.45% through the KfW. [13] Deutsche Telekom – the state still owns 27.8%, partly direct and partly through the KfW. [14] Deutsche Postbank – in 2004 the state floated a minority stake for €2.5 billion; Deutsche Bundesbahn became Deutsche Bahn in 1994, although it is 100% state owned. UFA underwent ...
It is the trading name of British Gas Services Limited and British Gas New Heating Limited, both subsidiaries of Centrica. [5] Serving around ten million homes in the United Kingdom, British Gas was the largest energy supplier in the country until 2024 when it was overtaken by Octopus Energy. [6] It remains the largest gas supplier.
1939 British Overseas Airways Corporation (BOAC), later British Airways - combining the private British Airways Ltd and the state owned Imperial Airways and placing its control under National Air Communications. 1939-45 During World War II, much of British industry was subjected to close regulation or control, although not nationalised as such.
This category includes articles on industries and companies that were nationalised by the government of the United Kingdom (but which were later re-privatised) and the legislation that brought them into state ownership.
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Enterprise Oil was formed in 1983 to exploit the North Sea oil production assets of the then state-owned British Gas plc: it was privatised and its shares first listed on the London Stock Exchange in February 1984. [1] In 1994 the Company was involved in a high-profile but unsuccessful bid to acquire Lasmo. [2]