Proposals for renationalising gas and electricity are based on hopes of buying companies on the cheap
Labour’s plans to renationalise water, energy and rail companies have widespread support and with good reason: these industries are failing to meet the legitimate expectations of the public.
The question mark that hangs over these proposals is whether expectations are now being ramped up to such an extent that taking these industries back into public ownership will almost certainly be considered a failure.
Read more: theguardian.com