Rail industry privatization

In both the aviation and rail industries, deregulation was quite disadvantageous to labor, resulting in major concessions in both work rules and wages. We were not able to assess the impact of privatization on labor relations in the U.K. nuclear power industry. However, deregulation (at least in its initial phases) has almost uniformly been unfavorable for labor in the U.S. For example, IFeeA (Barber, 1999, pg. 6) reports that In other businesses... 

The main nationalized industries are represented by the British Airports Authority, British Airways, the National Bus Company, British Coal, the electricity generating and supply boards (central and regional), the Post Office, British Rail, British Shipbuilders and British Steel. They employ about 6 per cent of all British employees. British Aerospace, the National Freight Corporation, Britoil, British Telecom, Associated British Ports and parts of British Rail are among the units formerly in the public sector which have been privatized since 1979. Steps have been taken to encourage competition in energy... 

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