The shadow business secretary Jonathan Reynolds told the BBC: “We’re not going to nationalise the energy system.”
Asked if they would follow the vote, he said: “No.”
The shadow business secretary Jonathan Reynolds told the BBC: “We’re not going to nationalise the energy system.”
Asked if they would follow the vote, he said: “No.”
Labour isn’t currently in power; surely they would put ‘nationalising energy supply’ on their manifesto, to be equivalent.
It depends on if you want them to win the next election or not I guess?
It’s not that I’m unsympathetic to the idea of some sort of public provision of energy supply but if you have the cash to borrow to buy up the entire energy generation sector I can find capital projects that will get you much more bang for your buck.
The point of nationalised services isn’t to make a profit. Considering that everyone is paying huge amounts more than they used to for power as they’re struggling to get by whilst the companies make record profits, I’d be surprised if it wasn’t a popular policy.
“move towards a more nationalised public energy supply” sounds like a totally reasonable nothingburger message