{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/61926927b481c700126c2eb2/65d7c7b042e0100016049011?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"BP, Black Monday and Nigel Lawson's Big Bet","description":"<p>In the second of our series on Privatisation and Popular Capitalism, we look at the biggest and riskiest privatisation of all - the 1987 sale of the UK's 31% stake in BP.&nbsp;How the&nbsp;Chancellor Nigel Lawson gambled that the markets were good for a quick&nbsp;£7bn. Prepare for the world's shortest pricing meeting, diplomatic rows with Kuwaitis and lots of long faced underwriters. And our guest Philip Augar delivers the verdict: was it a disaster narrowly averted or a triumph for the new City of London?</p><p><br></p><p>Presented by Jonathan Ford and Neil Collins.</p><p>With Philip Augar.</p><p>Produced and edited by Nick Hilton for Podot.</p><p>In association with Briefcase.News</p>","author_name":"Jonathan Ford and Neil Collins"}