Labour’s manifesto includes a significant expansion in the size of the state, with the water, energy, mail, rail and bus companies all set to be re-nationalised. (The energy companies will only be partially nationalised but that’s a topic for another time.)
What seems to be confusing a lot of people is that Labour has not included any of those nationalisations in its accompanying document explaining how the manifesto will be paid for. Here’s why.
Subscribe to The New Statesman today from only £8.99 per month
Content from our partners
