"We were told that British Rail’s natural monopoly was the problem and promised cheaper fares, better services and less cost for the taxpayer. Privatisation has failed on every front."
"No, it’s not full public ownership but it’s a hugely important first step. GBE will prove that public ownership is a successful way to run a company in the national interest" - We Own It analyse Labour's public energy announcement.
Whether it's water, energy or transport, privatisation has failed to the cost of billions in public money. The case for nationalisation has never been clearer, writes Cat Hobbs, We Own It.
The cost-of-living crisis hasn’t arrived out of nowhere - it’s the foreseeable outcome of decades of privatisation, brutal austerity, and stagnating wages.