The Labour leadership are wrong. Renationalisation can happen whilst remaining in the EU

Left Foot Forward

Published: 26th September 2017

Full article here

Key quote:

“A legal assessment of 26 of Labour’s economic proposals found that the effect of EU or Single Market membership to be negligible. In addition, Brexit would not provide an optout from state aid rules anyway, as the World Trade Organisation imposes similar limits on subsidies members can pay to domestic industries.

“And it is worth reminding Labour that French railways and German municipal energy are examples of exactly what Labour wants to do in terms of public ownership.”