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The Global Sell-Off


BT launches on the London Stock Exchange
Little more than 20 years ago, a new word entered the business and political lexicon.

It was 'privatisation', a radical new craze which began in Britain and has swept across the world from Argentina to Zambia.

In a special four-part series, The Global Sell-Off, Nigel Cassidy tells the story of privatisation, from its origins as a political idea to early successes such as the stockmarket floatation of British Telecom.

Nigel Cassidy on the Charles Bridge in Prague
Nigel meets workers and bosses whose enterprises succeeded beyond their wildest dreams. But he also hears from those in developing countries who feel they are worse off because of privatisation.

Listen again

BBC News Online
How privatisation has changed Britain
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