IFS warns Labour renationalisation may delay low-carbon economy

  The Guardian 

Image source : theguardian.com
Thinktank warns of significant short-term disruption given importance, cost and complexity of target industries Labour’s plan to renationalise large chunks of the economy risks years of disruption that could delay Britain’s transition to a low-carbon economy, a thinktank has said. The Institute for Fiscal Studies warned that taking water, energy companies, the Royal Mail and railways under state control would be costly, complex and risky and said Labour might do better to tighten regulation instead. Continue reading...
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