Labour pledges renationalised railways if elected

Labour pledges renationalised railways if elected May 6, 2024 22:15:45 GMT jonksy likes this

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Post by dodgydave on May 6, 2024 22:15:45 GMT

Apr 26, 2024 12:19:28 GMT see2 said:

Apr 26, 2024 11:23:24 GMT dodgydave said:

Nope, what you have is an ideologic driven narrative that tells you things have gotten worse, despite concrete evidence that things have improved dramatically. Since privatisation we have invested year on year more than anybody else in Europe, leaks are down a third, drinking water quality is one of the best in the world, dead rivers have come back to life, and our beaches are not covered in turds!

Some people point to shareholder dividends and say look, that is why we have a sewage release problem, if they spent that money on invest the problem would be solved. Do the slightest bit of research and you will find it is a £600 BILLION legacy problem that built up under nationalisation... because guess what... there is no votes in sewage... so investment was at the back of the queues behind health, pensions, policing, education, defense, roads etc.

Now of course ideally utilities would be nationalised and well run... but if Labour are being dishonest about the problems from the start what chance have we got?

English water companies have handed more than £2bn a year on average to shareholders since they were privatised three decades ago, according to analysis for the Guardian.1 Jul 2020

England's privatised water firms paid £57bn in dividends since 1991 (Privatised in 1989) The UK is the only country to have privatised all of its waters.

Thatcher was an idiot with a silly corner shop ideology.

Yes we all know the shareholder figures, now tell us what they have invested. You won't though, because they have invested MORE THAN anybody else in Europe, year on year, since privatisation.

Pretending everything would be ok under nationalisation because there is no shareholder dividends to pay is the most idiotic argument to make. We invest more than anybody else in Europe, yet we still have sewage problems because the problem is literally so massive that it is unsolvable. Unless you are going to tell us your big plan to magic £600 billion from nothing, and then do the repair work in less than a 100 years... because that's how long it would take to do £600b worth of repairs lol.