Carolyn Fairbairn, director-general of the CBI, chose a good day to pick a fight with Labour over renationalisation. Amid the Brexit pantomime, investors were studying the odds on an imminent general election and the chances of a Labour administration enacting its plans to take the energy networks, water companies, Royal Mail and the rail operators into national ownership. Shares in United Utilities, water supplier in Liverpool, where Fairbairn spoke, slipped 2%.
If it means cheaper utility bills, and a better transport network, then yes. If it means that unions get their foot in the door, and drag everything back to the seventies, then no.
its a valid point, the cost will be huge and people may be concerned where the money is going to come from. Of course the Tory's will say higher tax's will pay for it, thus election time could be difficult.
Apparently the Conservatives and Libdems have no questions to answer on the wholesale privatisation of MOD, Social Care, Health, Housing, Transport... While burdening us with the heaviest personal tax burden on record. But sure, you attack the only party who can make a difference
Dear me