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Capital will always go where they think they can make money Clive. I remember similar siren voices about Hong Kong falling under Chinese control and the British government making all sorts of contingency for the expected flood of investment back home that never happened. Similar thing happened (or didn't) in South Africa too. Most of them were rubbing their hands with glee instead. Cameron is leading trade missions to China every quarter at the moment, and they'll be dumping even more stuff now that they've devalued. Leftist government's are quite capable of making concessions and turning a blind eye when it suits them. If some people want to leave, then all they'll succeed in doing is allowing their competitors to take a bigger share of the market. The bigger trigger to any relocation is more likely to be tax, but just how much the senior decision makers pay at the moment would be a moot point anyway


I don't have a probelm with renationalising one of the energy companies with the view to running something more akin to a no frills provider, or Aldi for sake of another parallel. We've seen budget providers prosper in numerous industries but because energy runs as a cartel with a regulator that's been captured, it hasn't been extended into this no go zone. If they're as inefficient as you believe they will be, then clearly they'll be too expensive and no one will switch to them, so the existing competition has nothing to worry about, in fact they should welcome it as they'll be net beneficiaries (unless of course they aren't inefficient).


I wouldn't worry, the Tories would only reprivatise it so think of the windfall that would generate for the voters in give away shares. Actually, that's probably Corbyn's best chance.


Vote for Jezza, we'll nationalise everything. Then vote for Georgie and he'll privatise everything


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