Casdon
The left have been trying to hold Starmer to ransom ever since he took office Glorianny. It hasn’t worked, and it won’t work. The party has to change, and whether it was him or somebody else trying to move the party forward, the left wouldn’t be happy because it’s their way or the highway. There’s just no real evidence that a lot of the poorly evidenced predictions the left have made will come true. They haven’t in Wales, and they won’t for the UK either.
Remember this Grany?
fullfact.org/economy/labour-cost-nationalisation/
Interesting report by the CBI not known for their support of nationalisation, which takes no account of the fact that some of the nationalisation would occur naturally as franchises ran out, or of the fact that the nationalised companies would be paying profits back to the taxpayer, or would use the profits to reduce the costs o the general public so all would benefit.
From the link
Aside from the way the analysis was reported, CBI’s methodology has been disputed.
In particular, various economists have questioned the valuation of companies using a 30% mark up on the regulated asset values.
Also the CBI has since admitted it made an error by including the cost of buying the rail industry’s trains—which isn’t Labour party policy. The CBI said it was unable to provide an exact breakdown of its calculations, or how much it estimated the acquisition of trains to cost. 