Trade body Water UK has proposed companies “retain the benefit of private sector investment” but champion the public interest in their operations in response to a Labour consultation on renationalisation.
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Current political turmoil could result in a general election, and with a prospective Labour government bent on taking utilities back into public ownership, fund managers need to weigh the risks, says analyst Nigel Hawkins
Analysis
Less than 30 per cent of people would support water nationalisation if Labour cut pensions to facilitate the move, a survey commissioned by Water UK has found.
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Labour’s plans to renationalise the energy networks by paying investors less than market value will fly in the face of international treaties, according to two legal specialists.
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Analyst Nigel Hawkins considers the present and potential future impact of Labour's renationalisation plans for utilities
Opinion
