John McDonnell: Labour public ownership plan will cost nothing | BBC

by Faiz Ahmed last modified 2018-02-13T12:57:35-05:00
"Mr McDonnell told BBC Radio 4's Today programme taking services into public ownership would not ultimately increase the burden on taxpayers because government bonds could be swapped for shares in a revenue-producing company. ... But Mr McDonnell said utilities could be managed more efficiently under public ownership, because they would no longer have to fund dividends for shareholders."

The link address is: http://www.bbc.com/news/uk-politics-43014861

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