NEW NEW DEAL

Jeremy Corbyn to Announce Plan to Nationalize Some Industries

Labour leader wants major changes to energy industry and railways.

Jeremy Corbyn, the leader of Britain’s Labour party, will soon roll out extensive plans to nationalize key industries including energy and the railways, according to a leaked document provided to The Guardian. The plan would infuse billions into the country’s National Health Service, including the scrapping of university tuition fees and increased funding for childcare. It would also institute a temporary emergency price cap on energy to “take energy back into public ownership to deliver renewable energy, affordability for consumers, and democratic control.” According to the draft document, the country’s railways should be nationalized because “private transport operators cannot be trusted with having passengers’ best interests at heart.”