This is how conspiracies start, people start to believe there's some "agenda" against their favourite option just because governments haven't agreed with things that electrical enthusiasts assume should be "simple"/"obvious"
To give context, whilst we argue about the merits of putting Third Rail on lines with hourly trains (Uckfield etc), there are plenty of lines elsewhere in the country seeing significantly more which remain unwired - that doesn't mean there's a ban on overhead electrification, just that not everything we view as a "slam dunk" or "shovel ready" happens
For example, there are plenty of services that see a DMU running so far under the wires, just like Uckfield services currently have pure DMUs running on the Third Rail north of Hurst Green, yet nobody claims there's a conspiracy about why e.g. Buxton or Windermere remain unwired
Reading - Redhill sees DMUs running on Third Trail track at both ends, sure, rather similar to e.g. Lime Street - Warrington Central - Oxford Road services or Leeds - Harrogate - York trains which depart and arrive under the wires but the middle sections haven't been done
In the long term, Basingstoke to Exeter might have a case, but there's a lot of much bigger stations that remain unelectrified (Temple Meads, Oxford, Moor Street/ Snow Hill, Nottingham, Derby, Sheffield, Dundee, Aberdeen...) - the hourly service west of Salisbury doesn't seem like a national priority when you consider the shopping list the government has
If The Powers That Be had insisted on even East London Line infills being overhead electrification then I could understand the arguments being made here, but I can't think of an example of any lines where we've used AC rather than DC without there being an obvious reason (e.g. Reading to Basingstoke would mean the overhead GWML meeting the Third Rail services out of Waterloo, so any option would have been imperfect - same with Thameslink)