The Labour conference has formally committed itself to the renationalisation of the English rail network as it pledged to oppose another round of “unneeded, unwanted and ill-thought-through privatisation”.

Labour’s national executive committee agreed a statement that paves the way for the rolling renationalisation of the rail network.

“Conference opposes another round of unneeded, unwanted and ill-thought-through privatisation,” it said. “We believe there is a better way.”

Source: Labour promises to renationalise English railways | UK news | The Guardian

So Labour is returning to policies of nationalisation, to protect British assets. This is a welcome change from the neoliberal policies pursued by the party during the late 1990s and 2000s.

But the Grauniad, reporting the new policy direction, couldn’t resist another dig at Jeremy Corbyn. The report said the decision was “a significant boost for the party leader… who has suffered a series of setbacks over the EU and Trident”.

Watching his speech today, you could tell he wasn’t a man suffering from setbacks!

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