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Tag Archives: money

Power firms clash with Labour on buyout plan

One of Britain’s biggest power networks has sparked a furious row with Labour heavyweight John McDonnell over his plans to renationalise the industry. Fears of a power grab by Labour have been thrust back into the spotlight amid growing speculation of an autumn General Election.  Western Power Distribution, which is …

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John McDonnell’s plot to track down water shareholders

John McDonnell’s plot to track down water giants’ shareholdings as they move them off shore to dodge Labour’s renationalisation plan Investment giants have already shifted shareholdings to Hong Kong  They own stakes in utilities such as Yorkshire Water and Anglian Water McDonnell said that if Labour comes to power it …

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