The Labour Party has set out plans “to deliver fast and free full-fibre broadband for all by bringing parts of BT into public ownership and creating a new British Broadband public service”. This is bad economics. There is no doubt that the wider availability of broadband would be a ‘good thing’. Indeed, the case was … Continue reading Labour’s ‘free broadband’ would come at a heavy price
If there’s one industry where it should be possible to make a decent case for renationalisation, it’s surely water. The water and sewerage utilities provide an essential service, have many features of a natural monopoly, and need high levels of investment that could, in principle, be financed more cheaply by government. Labour’s 2017 Manifesto claimed that … Continue reading Should English water be renationalised?