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Public Ownership of Essential Services

Essential services should not be run for private profit. We'll bring gas, electricity, water, railways, communications infrastructure and the Royal Mail into public ownership so that profits are ploughed back into services, whilst providing coherent strategies and long term price stability for the benefit of citizens and industry.

Currently, we have an absurd situation where overseas state-owned utility companies are profiting from their shares in Britain's essential services. The myth that private is best is just that. Our bills have increased whilst a minority have taken the British tax payer to the cleaners. We have already seen evidence of well paid privatisation lobbyists finding their way into parliament to coerce and cajole their parties towards yet more lucrative sell-offs. Whenever public need is met by private greed, corruption is never far behind...