The privatisation of government assets was
reaching boiling pitch by the late 1980s and, having sold off Britain’s oil,
gas, water, electricity and weather, there seemed little left in HM
Government’s asset bank except food and miasma. That is, until one Treasury brightclogs
came up with the notion of selling off Britain’s views.
The NOI was co-opted to design the
advertising campaign, and the flotation took place on 3rd November 1989. The
initial share price of 83p rose to £10.32 by the end of the first day’s
trading, making multimillionaires of some lucky millionaires.
Some of the premium views were bought
by foreign interests. Most people know that the view of the Houses of
Parliament from Albert Embankment is owned by the Japanese prison system; less well
known is that the view of Huyton & Prescot Golf Club from the northbound
carriageway of the M57 is owned by the bass player from Boney M.
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