Both of us have been very active in the Labour Party and the Trade Union for a number of years, and if for one moment we believed that re-nationalisation was the answer, we would be leading the campaign for this to happen.
They are obviously New Labour Capitalists
It is "Old Labour" which favours re nationalisation, and is currently the way to go in this Global financial crisis
Where would our Banks be now if the Government had not Nationalised them ? Any takers on this question ??
Also, remember we are only part privatised and the majority, 49%, is owned by HMG, making the change to 100% all that bit easier