Burnham ally to unveil ambitious plan to reverse decades of privatisation (opens original article in a new tab)

A new policy paper outlines a plan to reverse privatisation by taking control of failing utilities, using bonds for shares, and establishing state-run competitors to reduce costs and improve public services.

• Andy Burnham's ally proposes reversing 40 years of privatisation by taking over failing utilities and creating state competitors.
• The plan includes using 'bonds for shares' and setting up public corporations to reduce costs and improve public services.
• The policy paper criticises privatisation for increasing costs and argues for state intervention to make essentials like water and energy more affordable.