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AND HERE WE GO - THE 2019 GENERAL ELECTION THREAD

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spongebob59 said:
Tom Watson stands down as deputy and MP, guess Labour win or lose he knew his time was coming.
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I'm sure Momentum would have managed to dump him as deputy leader in due course and the best he could have hoped for in the future was ending up the Labour spokesman for Gas Lights and Peat Bogs, so might as well walk before he gets flung under the bus...
 
One of Labour's policies is renationalising energy, water and sewage (amongst other things). This could obviously be very expensive. Is there anything that stops the government from setting up its own supplier in those areas and simply charging lower prices? This would then force existing companies to lower their prices and as a result bring down the profits and value of the companies making it cheaper for them to be bought. I assume that the biggest problem with this approach would be the hit that pension funds would take but is there anything to stop it happening?
 
ColchesterFC said:
One of Labour's policies is renationalising energy, water and sewage (amongst other things). This could obviously be very expensive. Is there anything that stops the government from setting up its own supplier in those areas and simply charging lower prices? This would then force existing companies to lower their prices and as a result bring down the profits and value of the companies making it cheaper for them to be bought. I assume that the biggest problem with this approach would be the hit that pension funds would take but is there anything to stop it happening?
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Who's infrastructure would they use
 
Old Skier said:
Who's infrastructure would they use
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I've no idea, hence the question as to whether it was possible. But if I can swap my energy supplier whenever I want then I assumed that a government backed energy supplier could use existing infrastructure. I appreciate it might be more difficult with water/sewage as I can't switch those.
 
ColchesterFC said:
I've no idea, hence the question as to whether it was possible. But if I can swap my energy supplier whenever I want then I assumed that a government backed energy supplier could use existing infrastructure. I appreciate it might be more difficult with water/sewage as I can't switch those.
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I would have though that once you factor in infrastructure rental cost plus salaries it would cost more but who knows. Labour seem to think we have enough money to re-nationalise everything.
 
They would just legislate the profit out of the business .. then the price drops and job done. But that will take years
 
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