The looming risk posed by Jeremy Corbyn’s threat to nationalise the UK’s £60bn energy networks industry has stalked the City for months. It first emerged in 2017, softened by vague political rhetoric and doubts over the party’s chances in a general election. Since then, the unraveling of political norms in Westminster has sent shivers through the City as the hazy threat of a Labour government came into sharper focus. Now the party’s blueprint for wresting back control the British energy system’s arteries and infrastructure have been laid bare in a leaked…«.
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