Where do you think this country would be now, on the world stage, with major industries still entirely or at least part-nationalised?
We'd be flagging and spending ourselves into a hole (well, we did the latter anyway - but that is down to Labour incompetence).
I know of one major uk company that was nationalised to save it going down the pan. As a result, it was subsequently reprivatised and is now matching the best in the world and contributing millions to the economy.
The same should have been done to other industries instead of turing the life support off.
We don't really have anything else left.
As an economy we a bit of a joke tbh we are knowhere near as clever as we think we are. Our only real asset is stability of currency, but labour have done their best to knacker that, along with those excellent city boys.
Oh by the way the company was nationalised by the tories
