A plan to nationalise parts of BT to provide free broadband to everyone in Britain marks the extent of the opposition Labour Party’s nationalisation policy, its finance spokesman John McDonnell said on Friday. Labour has previously pledged to nationalise power networks, Royal Mail, rail and water companies, but McDonnell said it would not nationalise the whole of BT. “We’re not taking over all of BT, we’re simply taking over Openreach, the BT technology and some elements from within BT itself,” he told BBC’s Today radio programme. …read more
Source:: Yahoo Finance
