Privatisation of public services will always be contentious; but while some will spend their time discussing politics, others are keeping a hawk-like eye on the Government's disposal strategy in order to spot any business opportunities that might crop up in the disposal process.
Over the past few months the Cabinet Office has been revealing plans to sell off a number of departments in an effort to cut costs and raise funds. The result will be a drastically slimmed-down Civil Service, with as many as 75,000 public sector employees transferred into the private sector.
Among the departments mooted for sale are the Government's Behavioural Insights Team – commonly dubbed the 'nudge unit' – and the Royal Mail postal service. The Government stake in uranium enrichment firm Urenco has also been put on the market, alongside millions of pounds worth of other state assets that are due to be sold as part of the Coalition's efforts to cut costs.
But the disposal plan isn't just going to open up direct opportunities to buy businesses and assets. It will should also stimulate a change in the country's business attitude, which in turn could well boost economic growth. Cabinet Office minister Francis Maude explained: “The state is an inherently monopolistic entity and a state monopoly can be the enemy of enterprise.
“Within the public sector there is a legion of entrepreneurs, fired with the public service ethos but deeply frustrated with the constraints imposed by the monolith within which they are imprisoned. Liberating them as leaders of a new cohort of public-service mutuals will create a whole new enterprise sector in our economy.”
____________________________________________________________________________
Related articles:
Negotiating Techniques when Buying a Business
Acquisition Strategy 
This well-established facilities management business in London, specialising in cleaning, maintenance, and security services, offers a unique opportunity with multi-year service agreements ensuring predictable recurring income. This opportunity prese...
This thriving value added meat company, prominently featured in major retailers like Tesco and Sainsbury's, boasts impressive growth with sales projected to more than double by 2026. The business has shown remarkable growth and we are poised to incre...
This London-based health and beauty dropshipping store presents a remarkable opportunity with its fully responsive website, a strong emphasis on eco-friendly products, and a mission to protect bees, setting it apart in the market. The sale of the bus...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.