Labour would fix ‘broken’ water and energy markets through regulation not nationalisation, says Starmer – UK politics live

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Labour would fix ‘broken’ water and energy markets through regulation not nationalisation, says Starmer – UK politics live
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Labour would, however, stick to plans to nationalise the railways if it won the next election, Starmer says

Keir Starmer has said a Labour government would fix “broken” water and energy markets through regulation before nationalising the railwaysleader distanced himself from his own pledge when he was running for the party’s leadership in 2019 to support “common ownership of rail, mail, energy and water”.

Starmer stressed his “pragmatic” approach, saying that for most utilities “the answer is going to lie in regulating the market, changing the market, rather than simply taking things into public ownership”. , according to the former deputy prime minister Damian Green, writing in a report from by the centre-right thinktank Public Policy Projects .

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