My hon. Friend mentions Glas Cymru. Is it not the case that bringing a natural monopoly such as water or rail into a system of beneficial collective ownership—allowing it to borrow very cheaply against the guaranteed income streams to be found in public services of that kind—is the ideal way to run such a public service? Does he also agree that, in comparison, privatisation is highly inefficient?
Wales Bill
Proceeding contribution from
Kevin Brennan
(Labour)
in the House of Commons on Monday, 12 September 2016.
It occurred during Debate on bills on Wales Bill.
About this proceeding contribution
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614 c653Session
2016-17Chamber / Committee
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2020-04-14 17:04:30 +0100
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