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Seven days: 29 September 2017

Seven days: 29 September 2017

Nationalisation part II

Leading figures in the Labour party made a swathe of pledges at its party conference in Brighton, including nationalising assets developed under private finance initiative. Some of the policy statements were a repeat of those made during this year’s general election campaign, including re-nationalising utilities such as the water companies. Leader Jeremy Corbyn promised to introduce controls on private rents in his conference speech, citing their existence in cities across the globe. Meanwhile, shadow chancellor John McDonnell said Labour would cap the total cost of credit for credit cards if elected.

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