I have a memory, that is probably false, of a 1980s Private Eye cover, with a picture of Cecil Parkinson, a reviled Thatcherite. It was during the aggressive wave of privatizations in the UK. A speech bubble has him saying "Higher prices and worse service mean better value for money for everyone".

A couple of Oxford academics have just written a book about UK government reforms from the 1980's until now: "A Government That Worked Better and Cost Less? Evaluating Three Decades of Reform and Change in UK Central Government" by Christopher Hood and Ruth Dixon. They conclude that “... contrary to the rhetoric, successive reforms and reorganisations in the UK over the thirty years up to 2010 failed to drive down government running costs, while complaints and litigation increased sharply.”. I think that might mean something like "higher prices and worse service".

https://www.psa.ac.uk/oxford-university-academics-awarded-book-prize-westminster-awards

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