{"id":2120,"date":"2017-05-15T01:18:49","date_gmt":"2017-05-15T01:18:49","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=2120"},"modified":"2017-05-12T08:20:14","modified_gmt":"2017-05-12T08:20:14","slug":"the-cost-to-nationalise-the-national-grid","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=2120","title":{"rendered":"The cost to nationalise, The National Grid."},"content":{"rendered":"<p>The UK&#8217;s national electricity network is owned and run by National Grid.<\/p>\n<p><a href=\"http:\/\/www.nationalgrid.com\" target=\"_blank\">www.nationalgrid.com<\/a><\/p>\n<p>HM Opposition (the Labour party) are proposing it is nationalised if they win the UK general election.<\/p>\n<p>What would it cost for the UK Government to buy back National Grid from the investors who own it today ?<\/p>\n<p>Share Price is about \u00a310 a share.<\/p>\n<p>Total voting rights<\/p>\n<p><a href=\"http:\/\/otp.investis.com\/clients\/uk\/national_grid\/rns\/regulatory-story.aspx?cid=374&amp;newsid=868275\" target=\"_blank\">http:\/\/otp.investis.com\/clients\/uk\/national_grid\/rns\/regulatory-story.aspx?cid=374&amp;newsid=868275<\/a><\/p>\n<p>3,753,238,483\u00a0 are the shares in circulation<\/p>\n<p>Thus:<\/p>\n<p>3,753,238,483 x \u00a310 = <strong>\u00a337,532,384,830<\/strong><\/p>\n<p>That is <strong>\u00a337 Billion<\/strong> pounds which is just about the UK&#8217;s current annual defence budget.<\/p>\n<p>Also, if the UK Government bought National Grid, it has to take on it&#8217;s debt.<\/p>\n<p>That debt is over \u00a325bn.<br \/>\nSo, potentially spends<strong> \u00a337bn<\/strong> to buy it <strong>and<\/strong> needs to cover the <strong>\u00a325bn of debt.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK&#8217;s national electricity network is owned and run by National Grid. www.nationalgrid.com HM Opposition (the Labour party) are proposing it is nationalised if they win the UK general election. What would it cost for the UK Government to buy back National Grid from the investors who own it today ? Share Price is about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2120","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2120"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2120\/revisions"}],"predecessor-version":[{"id":2121,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2120\/revisions\/2121"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}