Right to Buy continues to fiercely divide opinion. Here, John Perry argues why he believes calling time on the 40-year-old policy is now the sensible thing to do
Here’s a good question for a pub quiz: what was Britain’s biggest ever privatisation? Was it British Gas, or perhaps water or electricity? All of these raised more than £5bn each but neither was the biggest. Perhaps, surprisingly, the answer can be found in table 60 of the annual UK Housing Review. The correct answer is, of course, the Right to Buy, which has so far raised over £55bn across England, Wales and Scotland and dwarfs all of the other privatisations.