The coal, rail, steel, gas and electricity industries were all nationalised.
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A return of a nationalised British Rail would be bad news.
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The dangers of a nationalised system are more insidious (see article).
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Headlines Northern rail franchise to be nationalised, says UK government on.ft.
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The East India Company was nationalised by the British state in 1858.
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The gangsters were partially nationalised; the state adopted some of their mores.
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It is also barely profitable, largely nationalised and subject to administrative control.
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That is because, starting in 230, the entire financial system was nationalised.
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Nigeria nationalised three lenders, Afribank, Spring Bank and Bank PHB in 2011.
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Even those nationalised firms with outside minority shareholders are treated as government departments.
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In 1938 he seized British- and American-owned oilfields, and nationalised the industry.
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Kolomoisky denies any wrongdoing and says the bank was forcibly nationalised without proper justification.
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Stung by an announcement of steel-price increases, John Kennedy sermonised rather than nationalised.
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The government owns 75 percent of Bashneft, which it nationalised only two years ago.
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It nationalised utilities, put party hacks in charge and failed to invest in them.
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Monte Paschi, which was nationalised in 2017 as its losses spiralled, had already settled.
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Ukraine's privatisation programme however has largely stalled with its largest bank, Privatbank, now nationalised.
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Promsvyazbank was a commercial bank until it was bailed out and nationalised in 2017.
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PrivatBank was nationalised in 2016 against the wishes of its ex-owner, Ihor Kolomoisky.
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The prospects for a quick economic recovery depend partly on the banks Ms Gandhi nationalised.
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You argued that America has in effect nationalised its housing market ("Comradely capitalism", August 20th).
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State-owned Bankia agreed in June to acquire the part-nationalised BMN to boost earnings.
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Firms with large pension deficits include former nationalised industries such as British Airways and BAE Systems.
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A scandal involving his PrivatBank, which was bailed out and nationalised, cost the country nearly $6bn.
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He nationalised companies and forced millions onto collective farms, burning their homes to stop them returning.
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In fact, vast, nationalised, unprofitable and undercapitalised, it remains a menace to the world's biggest economy.
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The bank was nationalised in late 2016, triggering a protracted battle between Kolomoisky and the authorities.
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Kolomoisky and Bogolyubov both strongly deny wrongdoing and say the lender was nationalised for political reasons.
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Taken together, all the nationalised lenders are now worth less than HDFC Bank, a single private lender.
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HSBC has never been bailed out, nationalised or bought, a claim no other mega-bank can make.
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The federal government had to pour about 5.5 billion euros into Hypo, which was nationalised in 2009.
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SNS Reaal was nationalised in 2013 at a cost of 3.7 billion euros ($4.15 billion) to taxpayers.
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GERMAN ECONOMY MINISTER TELLS SPIEGEL STRATEGICALLY IMPORTANT FIRMS COULD BE NATIONALISED IF CORONAVIRUS PLACES THEM IN DIFFICULTIES
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Ben Tarnoff, a left-wing writer, argues that "data resources" should be nationalised and put under state control.
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SNS Reaal was nationalised in 2013 at a cost of 3.7 billion euros ($4.15 billion) to the government.
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Drumm moved to Boston after resigning from the bank in December 2008, a month before it was nationalised.
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Of the 24 cemeteries in Havana, all of which were nationalised in 1963, 20 have run out of space.
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Large parts of the Pakistani economy remain nationalised, or held by a few private businessmen, rather than diversified companies.
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The Sandinistas made public education free, improved access to health care and nationalised land formerly owned by the Somozas.
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In 2006 Russia's president, Vladimir Putin, nationalised United Aircraft Corporation (UAC) and asked it to develop a commercial jet.
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The Bolsheviks nationalised church land and property, abolished traditional rituals, and decreed that all citizens must have identical funerals.
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Others, like Cardiff and Glasgow Prestwick, have been nationalised by the Welsh and Scottish governments to keep them open.
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After all, the regime had liquidated entire classes of citizens and nationalised not only private property but human life.
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Keystone Bank is the last of Nigeria's nationalised lenders, which state-backed "bad bank" AMCON is seeking to sell.
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In 2016 the government nationalised the bank and filed a lawsuit against Mr Kolomoisky in London, which is ongoing.
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Keystone Bank was the last of the lenders nationalised in Nigeria, which state-backed AMCON was seeking to sell.
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Some Italian politicians have said TIM's telecoms network is a core strategic asset and as such should be nationalised.
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In the 1980s, when Thatcher and Reagan preached laissez-faire economics, Mitterrand nationalised banks and factories, and shortened working hours.
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Thames Water, for instance, added a clause to its bonds to ensure holders are repaid immediately should it be nationalised.
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Second is Lázaro Cárdenas, who in the 1930s nationalised the oil industry and carried out a state-controlled agrarian reform.
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Ratan Tata's predecessor was India's first qualified pilot, and Tata's first airline was later nationalised as state carrier Air India.
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The cosmetics-to-chemicals group was founded in 1898, nationalised in the 1950s and enjoyed boom times in state ownership.
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In 1861 most workers could not vote; by 1957 the post-war Labour government had nationalised much of the economy.
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He has nationalised a big gold and copper mine, and boosted spending on wasteful fuel subsidies he had previously cut.
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Hopes that privatisation might return the commanding heights of India's economy, nationalised in the 1960s, to private hands have dimmed.
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It said it would ask for expressions of interest in Glasgow's second-biggest airport, that was nationalised in November 2013.
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Corbyn has long been opposed to public-private partnerships and has said key industries would be nationalised should Labour win power.
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IN 1992 SWEDEN nationalised (and subsequently merged) two banks: Gota Bank and Nordbanken, which was already mostly owned by the state.
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After several rail lines went bust, in 1971 Congress nationalised the remnants as Amtrak to stop passenger services from ending completely.
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The venture is so bankrupt it has, in effect, been nationalised, propped up with hundreds of millions of dollars of subsidies.
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The second-largest nationalised bank admitted that employees in Mumbai had approved transactions that left PNB on the hook for $1.8bn.
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In 1961, when the country was in brief union with Egypt, Nasser nationalised its factories and trading companies, including his father's.
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KF ceased lending when it was nationalised in 2008 but has continued to take customer deposits from institutional investors until now.
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LONDON (Reuters Breakingviews) - Just over 300 years ago, in early December 1718, a Parisian bank was nationalised by the French state.
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Nobody wanted to put up the capital for a dam that would be bombed, nationalised or left to rack and ruin.
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I doubt the bank will end up being nationalised; this would resuscitate old ghosts nobody in Europe wants to see resuscitated.
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Next, says Bagehot, Thatcher "poisoned the well of privatisation by selling off nationalised monopolies in ways that favour investors over customers".
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Openreach would be nationalised under Labour's plan, and Harrison said the industry was still contemplating the broader repercussions of the plan.
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Last week, the Spanish government also nationalised all private hospitals and healthcare providers, in order to bolster the country's health service.
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Profits from exports of gas, which he nationalised at the start of a global commodities boom, were redistributed to the poor.
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Mr Trump's presidency, and the impeachment inquiry, have further hardened partisan divisions and nationalised races that used to be parochial affairs.
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Private schools have been nationalised (1972) and denationalised (1979); Islam has been inserted and removed as the main part of the curriculum.
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The companies had argued their project was nationalised after they had spent six years and millions of dollars in exploration and development.
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His government has nationalised parts of the oil and gas industries, along with the biggest telecoms company and most of the electricity sector.
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They had collaborated with Britain to overthrow Iran's prime minister, Mohammed Mossadeq, in 1953, after he had nationalised the Anglo-Iranian Oil Company.
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In 2013 it was bailed out and nationalised by the Welsh government, making a pre-tax loss of around £5m ($7m) last year.
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One of the sticking points for the integration of JERA was that Tepco was essentially nationalised after the Fukushima nuclear disaster in 2011.
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Some members of the anti-establishment government have suggested that the motorway network should be nationalised following the disaster that killed 43 people.
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But Five-Star leader Luigi Di Maio has said Carige will be nationalised if the state has to put any money in it.
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ASR, once a subsidiary of the now-defunct Fortis group of Belgium, was nationalised by the Dutch state during the 2008 financial crisis.
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"The committee recommends ... that Kenya Airways be nationalised," the committee's report said, adding the proposals were based on the airline's "current financial status".
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However, the newspaper also said, that the government had said 'no' to a takeover by Aena as it would have effectively nationalised Abertis.
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It was one of three banks nationalised following a $4 billion central bank bailout that saved several lenders from near bankruptcy in 2009.
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The utilities could be re-nationalised at a significant discount to their market value in case the Labour Party wins a surprise majority.
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Both were nationalised the week before the fall of Lehman, their capital far too low to cover the risky assets on their balance-sheets.
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After the annexation, among the first assets that the new Russian authorities seized and nationalised were two tsarist-era wineries, Noviy Svet and Massandra.
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Since the East Coast mainline was reprivatised in 2015, it has produced 30% more in payments to the government than its nationalised predecessor did.
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The doyen of Labour's energy policy is not Clement Attlee, the prime minister who nationalised Britain's fractured array of public and private energy suppliers.
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A Dutch court approved Russia's application to set aside a $50 billion arbitration award to former shareholders of Yukos, a forcibly nationalised oil company.
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The party's deputy secretary general Jessie Duarte said the mandate of the South African Reserve Bank would not change if the bank was nationalised.
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Anglo Irish, which was nationalised in 2009 and subsequently liquidated, was synonymous with the lending bonanza that drove Ireland into an international bailout in 2010.
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One of the most important and early tests of that promise will be the fate of PrivatBank, Ukraine's largest lender, which was nationalised in 2016.
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"Your biggest fear as a bond investor is if your bond gets nationalised for less than market value," Dan Neidle, partner at Clifford Chance, said.
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In Europe state ownership became popular after the second world war, and France under President François Mitterrand nationalised banks and industrial firms in the 1980s.
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ASR, the insurance operations of the former Belgian company Fortis, was nationalised by the Dutch state together with ABN Amro during the 2008 financial crisis.
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A state-backed agency known as Amcon was established to swallow up bad loans; the sickliest outfits were either nationalised or sold to other banks.
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Macron's proposals involve the biggest shake-up of the railways since they were nationalised in the 1930s, and many have written off the SNCF as unreformable.
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After the 2008-2009 global financial crisis, several Kazakh banks defaulted on their debt and were nationalised and kept afloat by capital injections from the state.
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The tycoon has been at loggerheads with the central bank over PrivatBank, the country's largest bank, which he co-founded and which the government nationalised in 2016.
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Public dissatisfaction is partly because of the passage of time—harried commuters forget how bad nationalised British Rail was—but it is also because of administrative incompetence.
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A new Conservative-dominated administration abandoned the standard anyway, adding to Labour resentment; when the party came back to power after the war, it nationalised the bank.
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Loudest has been the Economic Freedom Fighters, a thuggish opposition party appealing to poor blacks with promises of nationalised banks and the confiscation of white-owned land.
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On Wednesday his government endorsed a bill to fast-track through parliament the biggest shake-up of France's debt-ridden railways since they were nationalised in 1930s.
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With America's possessions on the island being nationalised, it broke off diplomatic ties in 1961 and imposed a full trade, economic and financial embargo the following year.
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Kolomoisky and Bogolyubov have long disputed the assessment by the central bank and the government of PrivatBank's finances and say the lender was nationalised for political reasons.
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The committee's conclusions come just over a month after UKAR restarted the sale of £16bn mortgages originated by Bradford and Bingley, which was also nationalised in 2008.
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Britain's railways are already partly nationalised with the infrastructure operator Network Rail, which controls stations as well as tracks, tunnels and level crossings, in the public sector.
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Meanwhile, Valeria Gontareva, the former central-bank governor who nationalised PrivatBank and who now lives in London, has been summoned for questioning by the authorities in Kiev.
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The court ruling could benefit Ihor Kolomoisky, a powerful tycoon who owned PrivatBank at the time it was nationalised and is fighting multiple court cases against the decision.
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Woodrow Wilson, under laws passed to support involvement in the first world war, nationalised railways, canals, telegraph lines and arms production, and expropriated American subsidiaries of German firms.
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JOHANNESBURG, July 5 (Reuters) - South Africa's ruling African National Congress has proposed at its policy conference on Wednesday that the central bank be nationalised, two party sources said.
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Almost a decade after RBS was first nationalised, some investors, politicians and academics have concluded that the bank is too damaged to bounce back in its current form.
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"I am absolutely for Alitalia being nationalised so that workers can keep their jobs under decent contractual terms, " said Raffaele Di Giacomo, a salesman in a hardware store.
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" Asked if French banks would have to be nationalised to force them to implement Le Pen's monetary policy, Monot said: "In principle, no, unless they ask for it.
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The Dutch state floated a 23 percent stake in ABN in November 2015, privatising the bank seven years after it was nationalised following a 24-billion-euro bailout.
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Shares of other firms at risk of being nationalised under a Labour government, including Royal Mail, RBS, SSE, National Grid, United Utilities and Severn Trent, were little changed.
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KEY RATING DRIVERS The rating actions follow the announcement on 18 December by the Ukrainian authorities that Privat will be nationalised in order to address its solvency problems.
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The agency used 32 billion euros of senior and junior debt to rid Ireland's nationalised banks of risky property loans with a face value of 74 billion euros.
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Though it is private, the projects it runs, and the roughly 40% of its equity that is owned by nationalised firms, make it what Indian analysts call "quasi-sovereign".
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In November, the Dutch state floated a 23 percent stake in ABN, privatising the bank seven years after it was nationalised after a 24-billion-euro bailout in 2007.
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Relations between the two nations have improved in recent years after deteriorating sharply in 2012, when Japan nationalised a cluster of East China Sea islets that China also claims.
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Britain nationalised and merged its biggest hauliers in the 1940s, but a state behemoth was outrun by one-man outfits and the business was privatised again in the 1980s.
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Since taking office six years ago, Prime Minister Viktor Orban has nationalised several banks and implemented policies to boost domestic ownership in a sector previously dominated by foreign names.
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After Mrs Thatcher became prime minister in 1979 the nationalised industries were largely broken up and, in a new era of free-market economic liberalism, the notion became unfashionable.
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Anbang Insurance Group bought Vivat, which had been nationalised by the Dutch government, for a nominal 1 euro in 2015 and a 1.35 billion euro ($1.54 billion) equity injection.
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When British Rail, a nationalised monopoly, was privatised in 1994 train operations were split off from the track, which is now owned and run by Network Rail, a public body.
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ABN was nationalised together with the Dutch parts of the now defunct Fortis bank in 2008 as it hurtled toward a bankruptcy that would have threatened the Dutch banking sector.
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Kiev has nationalised large parts of its banking system to both keep it running as international banks have withdrawn and to try and stamp out corruption and suspect lending practices.
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With incentives like these, it is little wonder that, despite America's system of private health insurance, the government spends more on health than Britain does on its nationalised health service.
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Jeremy Corbyn, the leader of Britain's Labour Party, and even several Conservative MPs have called for Tata Steel's British assets to be nationalised if a private buyer does not emerge.
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Finance Minister Jeroen Dijsselbloem has so far maintained that SNS and other banks and insurance companies nationalised in the wake of the 2008 financial crisis should eventually be re-privatised.
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The companies had said their investment in the mine was effectively nationalised when in 2013, the then mining minister, Najib Balala, unexpectedly raised royalties on minerals and revoked certain licences.
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The authorities have been locked in a protracted battle with the former main owner of PrivatBank, Ihor Kolomoisky, one of Ukraine's richest men, who says his bank was nationalised without justification.
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The mines were nationalised in 1956 - nine years after the end of British rule - and by 1980 were running at a loss, though it would be two decades before operations ceased.
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France Macron: a pragmatist in a hostile environment SHORTLY after Emmanuel Macron was elected president in May 2778, his new government nationalised a French shipyard in order to thwart an Italian takeover.
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Part-nationalised Royal Bank of Scotland reported a widening first-quarter loss on Friday as lower income, restructuring costs and sluggish asset sales showed the scale of problems still facing the lender.
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When Mr Macron's government nationalised a French shipyard this summer, albeit temporarily, in order to thwart an Italian takeover, he caused dismay not only in Rome but also in other European capitals.
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Businessman Ihor Kolomoisky filed a suit against AlixPartners at the London High Court of Justice last week, the latest in a slew of investigations and lawsuits since PrivatBank was nationalised last December.
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AMSTERDAM, March 22 (Reuters) - The Dutch parliament approved a motion on Tuesday asking the government to investigate keeping the nationalised SNS Bank in government hands and operating it as a public utility.
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JOHANNESBURG, July 30 (Reuters) - South Africa's ruling African National Congress (ANC) still wants the central bank to be nationalised, but this will not affect the institution's mandate, party officials said on Tuesday.
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As part of an IMF-backed clean-up of Ukraine's financial system, the government nationalised PrivatBank in 2016 - and later alleged the lender was used for large-scale fraud and money laundering.
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If you think the British government should support British steel works or that the railways should be nationalised again, you're in for a shock: EU law literally bans countries from nationalising certain industries.
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When Nasser nationalised the Suez Canal Company, and Britain joined forces with France and Israel in a madcap scheme to topple him, President Dwight Eisenhower was furious at being kept in the dark.
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Drumm quit less than four years into his term in 2008, just before the scandal-hit bank that became most synonymous with the reckless lending practices of the "Celtic Tiger" era was nationalised.
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At first it put the formerly British-owned mines into private Indian hands but, after it became known as "slaughter mining" because of an atrocious safety record, the industry was nationalised in 22017.
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BRUSSELS, July 24 (Reuters) - The Belgian government on Tuesday is expected to announce plans to float about 30 percent of state-owned bank Belfius, which was nationalised in 2011, on the stock market.
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KA Finanz, which was split off from nationalised lender Kommunalkredit, lost its banking license on Wednesday as part of its wind-down, meaning it could no longer turn to the market for funding.
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The allegations, first reported by the BBC, concern the government-owned holding company for nationalised bank assets, UK Asset Resolution, and loans from Northern Rock, Bradford & Bingley, Mortgage Express and Lloyds Banking Group.
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UK Asset Resolution, the arm responsible for winding down lenders nationalised during the crisis, sold the mortgages to Cerberus Capital Management in November 2015, in the largest disposal of UK assets to date.
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Opponents of the bill, including politicians, civil society groups and activists, say such a move would be unconstitutional, as Nigeria's 1978 Land Use Act, which is enshrined in the country's constitution, nationalised all land.
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But his economic ideas have a whiff of the "African socialism" of Julius Nyerere, the country's founding leader, who declared a one-party state, nationalised factories and forced peasants at gunpoint onto collective farms.
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KIEV, Dec 20 (Reuters) - Ukraine's parliament on Tuesday passed a bill giving full state guarantees to individual depositors in the country's largest lender, PrivatBank, a move aimed at preventing deposits fleeing the nationalised lender.
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Shares in ABN Amro, which was reborn out of the nationalised Dutch parts of Fortis in the 2008 financial crisis, were up 0.2 percent to 20.87 euros at 1450 GMT after falling on Tuesday.
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MILAN (Reuters) - Italy's Deputy Prime Minister and League leader Matteo Salvini said on Friday that the most important thing was to safeguard Carige's savers when asked if the troubled regional bank could be nationalised.
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The plan is to grow its service internationally and to more touch points beyond the employer channel, including those who access healthcare through health plans (which might include, potentially, countries with nationalised health services).
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She believed that selling off council houses and nationalised industries would produce the property-owning democracy of which the young Macmillan could only dream (the old Macmillan accused her of "selling off the family silver").
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His chief of staff, Andrei Bogdan, is a lawyer who most recently represented Ihor Kolomoisky, a controversial oligarch, in his efforts to retake control of PrivatBank, which was nationalised in the wake of fraud allegations.
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MADRID, Dec 2 (Reuters) - The Spanish government is open to auctioning state-owned Banco Mare Nostrum (BMN) to potential suitors before a potential merger with fellow nationalised lender Bankia, Economy Minister Luis de Guindos said.
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Finally, Bank of Baroda, the third-largest nationalised lender, on February 12th announced it would be pulling out of South Africa, one of a handful of markets it had entered in the past two decades.
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The nationalised mortgage firms that guarantee the bonds—and are thus in hock if the market collapses—should be forced to raise their capital buffers and increase their fees until they make an adequate profit.
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PrivatBank was nationalised as part of a clean-up of the banking system backed by the International Monetary Fund (IMF) and wrested the lender from Ukrainian tycoon and co-founder Ihor Kolomoisky in December 2016.
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LAGOS, March 20 (Reuters) - Nigeria's state-backed 'bad bank' AMCON has sold the nationalised Keystone Bank to a consortium of local investors called Sigma Golf Nigeria Limited and Riverbank Investment Resources, it said on Monday.
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KIEV, Nov 6 (Reuters) - A former shareholder of Ukraine's largest lender PrivatBank warned the government on Monday he may file a claim for compensation for the "unlawful expropriation" of the bank, which was nationalised last December.
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Mr Macron may be a globalist, but he nationalised a French shipyard to prevent its takeover by an Italian firm last year, and this June declined to take in Aquarius, a refugee ship rejected by Italy.
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Belfius, the Belgian retail arm of bailed-out lender Dexia , was nationalised by Belgium in 2011 when France, Belgium and Luxembourg had to come to the aid of the group caught up in the credit crunch.
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At the summit, Macron and Gentiloni also agreed that Italian shipbuilder Fincantieri will take a 51 percent stake in French shipyard STX, ending a months long dispute after Macron temporarily nationalised STX to block Fincantieri's approach.
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The case is part of a protracted legal battle between the Ukrainian government and the former owners after PrivatBank was forcibly nationalised in December 2016 as part of a clean-up of the country's banking system.
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The operations room of "Project Cybersyn" (short for "cybernetics synergy") was created by Chile's president Salvador Allende in the early 1970s as a place from which the country's newly nationalised and socialised economy could be directed.
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Hoffman, best known for managing nationalised lender Northern Rock for two years after its collapse in the financial crisis, will be named non-executive chairman of Monzo on Wednesday, the source said, speaking on condition of anonymity.
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"Land will not be nationalised, there will be no Zimbabwe-style land seizures and the constitution will only allow expropriation without compensation in a narrow set of circumstances," Ben Payton, Head of Africa at Verisk Maplecroft, said.
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On Wednesday the government backed a bill to fast-track through parliament the biggest shake-up since the railways were nationalised in the 1930s, including ending the right to jobs for life and removing early retirement provisions.
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The political and economic uncertainty also risks delaying government plans to sell a portfolio of $15.65 billion of loans held by Bradford & Bingley, a mortgage bank also nationalised during the financial crisis, one of the sources said.
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"As Italy's banking sector can scrape together some foreign investment, mixed with a sweetened nationalised deal for Monte dei Paschi, then we can't see how Italy's political woes can have anything other than a temporary impact," Brooks said.
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KIEV, Dec 20 (Reuters) - Ukraine's largest lender PrivatBank, which was nationalised in late 2016, said on Wednesday a London court where it launched legal action had frozen the worldwide assets of former owners Ihor Kolomoisky and Gennadiy Bogolyubov.
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Nationalised bad banks, including KA Finanz AG and immigon are being wound down, and liquidation of their assets will likely improve the debt trajectory as liabilities of these deficiency structures are included in the general government balance sheet.
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Meanwhile, Julius Malema, of the opposition Economic Freedom Fighters, has called for the bank to be nationalised, putting pressure on the ruling African National Congress to go through with a plan it shelved last year and rattling markets.
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The case is part of a protracted legal battle between the Ukrainian government and the former owners after PrivatBank was forcibly nationalised in December 2016 as part of an donor-backed clean-up of the country's banking system.
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PrivatBank was nationalised as part of a clean-up of the banking system backed by the International Monetary Fund, and the authorities have previously warned that any step to reverse the decision could derail Ukraine's $3.9 billion loan programme.
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The Welshman took over the then banking arm of nationalised bancassurer Irish Life & Permanent in February 2012 as the struggling unit sought to convince the country's then EU/IMF bailout lenders to allow it remain as a standalone business.
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NAMA used 32 billion euros of senior and junior debt to rid Ireland's nationalised banks of risky property loans with a face value of 13 billion euros, crystallising state losses of more than 40 billion euros in the process.
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Mr Sanders also illustrated the laws of unintended consequences in foreign policy by arguing that America had blundered in organising the 1953 coup that toppled Mohammed Mossadegh, the Iranian prime minister who nationalised British oil assets in his country.
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Part-nationalised Royal Bank of Scotland risks missing an end-23.376 deadline to sell its Williams & Glyn brand, it said on Thursday, raising doubts about how soon it will be ready to pay dividends and return to private ownership.
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Part-nationalised Royal Bank of Scotland risks missing an end-2017 deadline to sell its Williams & Glyn brand, it said on Thursday, raising doubts about how soon it will be ready to pay dividends and return to private ownership.
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The lender became a symbol of Spain's banking crisis when it was nationalised in 2012 through a 22.5 billion euro ($25 billion) bailout just a year after it was floated, wiping out its shareholders and triggering protracted legal action.
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The case forms part of a wider protracted legal battle between Ukraine's government and Kolomoisky and Bogolyubov after PrivatBank was forcibly nationalised in December 2016 at a cost of $5.5 bln to plug a gap in the bank's capital.
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Zelenskiy said on Nov 9 he would make "every effort to recover funds spent on compensation to the depositors of failed and nationalised banks" but the details of how the government would do this have not previously been reported.
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Mr Corbyn first won election to parliament when the Tory government of Margaret Thatcher, inspired by Milton Friedman, was busily selling off bits of state firms like British Leyland (the nationalised carmaker), British Airways and what was then called British Petroleum.
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LONDON, March 30 (Reuters) - British business minister Sajid Javid said he did not think that Tata Steel's British steel-making assets should be nationalised and there was more that the European Union could do to help the industry via import tariffs.
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Germany bailed out HRE in 2008 and nationalised it in 2009 after the bank was forced to make massive writedowns on its holdings of mortgage-backed securities, which slumped in value after the failure of U.S. investment bank Lehman Bros.
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Mrs Thatcher argued that only by breaking with a failed consensus could Britain offer its people what they desperately wanted: private homes rather than council homes, efficient trains rather than nationalised cattle carts, economic growth rather than conflict and stagnation.
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A recent memo from a staffer on the National Security Council suggesting a fully nationalised 5G network was shot down after being leaked but such thinking is still alive and well in the White House, says William Carter of CSIS.
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And because the scheme is a legacy of the old nationalised British Steel, it is huge, relative to the existing business: its assets are almost £21970 billion compared with annual turnover of just £217 billion at Tata Steel's European operations.
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LONDON, May 17 (Reuters) - Britain's finance ministry said on Tuesday it will receive a dividend payment from Lloyds Banking Group of 130 million pounds ($187.97 million), taking the total amount recovered from the part-nationalised bank to over 16.8 billion pounds.
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Belfius was created after the country bought the Belgian banking arm of Dexia in 2011 for 4 billion euros as part of a wider rescue of the Franco-Belgian bank, which was almost entirely nationalised in the aftermath of the financial crisis.
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State-backed "bad bank" AMCON is seeking prospective investors to buy Keystone Bank, the last of Nigeria's nationalised banks yet to be sold, while rival lender Unity Bank has sought shareholder approval to start merger talks to shore up its capital base.
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KIEV, Feb 7 (Reuters) - Ukraine's central bank is ready to meet bondholders of recently nationalised Privatbank, but it will not change its position that a bail-in of their bonds was justified and legal, a deputy head of the regulator said on Tuesday.
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"The audit report issued by PricewaterhouseCoopers Audit LLC failed to highlight the credit risk exposure faced by PrivatBank, which led to the bank being declared insolvent and nationalised, with substantial recapitalisation costs borne by the state," the central bank said in a statement.
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Bankia, meanwhile, which has steadily improved profits in the past three years since it was nationalised, is entering a key phase for its return to private hands and is trying to increase its lending to small businesses and move away from mortgages.
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This has been a particularly painful theme in Babylon's home market, the U.K., where healthcare is nationalised and is regularly facing budgetary and human capital shortages, but there is no infrastructure (or consumer finance) to supplement that for the majority of people.
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Shares in the majority state-owned lender opened 8 percent higher on its return to the main Irish stock exchange on Tuesday after the government sold a quarter of the bank it nationalised almost a decade ago in a 1.53 billion euro ($3.4 billion) listing.
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BELGRADE, March 4 (Reuters) - Serbia has invited bids for its loss-making Zelezara Smederevo steel mill, marking the latest stage in attempts to find a solution to the plant which has been swallowing $120 million a year in subsidies since it was nationalised in 13.
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AMSTERDAM, June 28 (Reuters) - The Dutch government said on Tuesday it had agreed to sell the real estate portfolio of collapsed and nationalised bank SNS Reaal to a consortium of U.S. bank JP Morgan and private equity firm Lone Star for 895.3 million euros ($989.04 million).
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A more than 5043 percent slump in oil compounded matters, but it was the more than 5033 percent slump in South Africa's rand that did the most damage, following reports that the ruling African National Congress had agreed at its party conference that the central bank should be nationalised.
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Indeed, Mr Zuckerberg's Washington Post article looks like a bid to broker a 21st-century version of the Kingsbury Commitment of 1913, when AT&T, then America's telephone monopoly, accepted government oversight and agreed to spin off some of its businesses in exchange for not being nationalised or broken up.
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In America, where competition between AT&T, Sprint, T-Mobile and Verizon has already speeded 33G development, industrial policy may further accelerate its roll-out: a leaked memo written for the White House by an official of the National Security Council went so far as to call for a nationalised 23G network.
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The seventh of eight children of a middle-class family of tea merchants in Fujian who, like many Chinese, lost their business when it was nationalised after the Communists took control in 1949, and whose schooling was disrupted by the tumult of the Cultural Revolution, he was used to being self-sufficient.
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The Towd Point transaction seeks to sell all the way down the capital structure, with Cerberus pre-placing a significant portion of the £4.7bn in Class A and all of the Class Cs and Ds. The notes are backed by a £6.4bn pool of mortgages originated by failed UK lender Northern Rock, which was nationalised in 2008.
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Eric Daniels, the most senior executive to take the stand in a trial where 6,000 shareholders are claiming around 13 million pounds ($720 million) in damages over the takeover, told London's High Court that although he was aware that HBOS could be nationalised if the Lloyds deal did not go ahead, the bank only acted in the interests of shareholders.
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