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This sort of targeted state ownership isn't the super left thing it once was...its a serious policy to solve problems, nurture growth and generate wealth.
Agree - assuming its an energy producer rather than retailer.
It does also show - imo - that Starmer genuinely isn't a Blairite. He has a similar ruthless pragmatism when it comes to being seen to be electable, but his politics are imo far to the left of Blair. Blair would never have countenanced something like this. It's very far to the left of the Third Way.
ReekBlefs
I think in some ways this just shows how inward looking and archaic UK politics has become. This sort of targeted state ownership isn't the super left thing it once was...its a serious policy to solve problems, nurture growth and generate wealth. Its the sort of thing that left and right wing governments are doing all over Europe. It feels like UK politics has been so up its own arse it never really left the 1970s.