2019-11-24 by W.M.
Election 2019: Labour’s plan to nationalise ‘rip-off’ companies – podcast
Labour’s plans to bring key industries back into public ownership will be laid out in the party’s election manifesto today. There are nationalisation plans for energy, water, trains, mail and broadband in a radical shake-up of the economy worth tens of billions of pounds. With business leaders sceptical and the Conservative party attacking the plans as a return to the economic chaos of the 1970s, where does the truth about nationalisation lie?
The Guardian’s economics editor, Larry Elliott, and financial editor, Nils Pratley, tell Anushka Asthana that public ownership of industries plays a significant role in the history of the Labour party and postwar Britain.
Also today: the return of the ‘special one’. Max Rushden on Tottenham Hotspur’s new manager, Jose Mourinho.
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