The UK’s most active period of privatisation saw health and safety disasters and fatalities increase dramatically. In recently published research, we identified 27 multifatality disasters between 1979 and 1997 leading to 763 deaths. These figures were the highest compared with three other European countries.
During that period, the then prime minister Margaret Thatcher, followed by John Major, led the drive for sustained and intense privatisation of state-owned enterprises. Under both leaders, transport, construction, care homes and some hospital and health services were sold or partially sold to the private sector.
Profits and cost-cutting were put before people as the government weakened health and safety regulations. Private sector companies could cut costs further by reducing staff levels and health and safety resources, knowing there would be fewer inspections, fines and enforcement of regulation.