Wednesday, 30 March 2016

Port Talbot worker buy-out

This is being trawled by the Conservative government spin machine this morning. To a Liberal, brought up on manifestos in which co-ownership was a major plank, this is the most attractive solution to the problem of Tata's wish to withdraw. However, I am also deeply suspicious. If the joint government/private sector ownership of Royal Mail, in our 2010 manifesto, could not be pushed through by Vince Cable in coalition, how likely is it that Tories ruling alone are serious about intervening in the free market?

See also

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