Well I'm sorry for believing in state owned passenger rail services.
...and the EU does not stop this as has repeatedly been explained to you
I am not in favour of nationalising every single producer, just things like steel which are in genuine trouble at present.
I would have renationalised Kellingley Mine for the same reason.
I would temporarily nationalise BHS to save jobs.
Is there any need to throw good money after bad ? I agree that attempting to save a failing industry can be a good idea but only if it's either in the national strategic interest to do so or it's a viable industry experiencing exceptional operating conditions.
Based on that a prima face case could be made for the steel industry if we decide that's what we want to do. OTOH the coal industry is, sadly for those who work in it, going the way of the horse and cart.
The generation of electricity using coal is being phased out because it isn't efficient enough (compared to other fossil fuels) or clean enough (compared to renewables) - supporting the coal industry would be a foolish move IMO - if money is available, invest it in developing a renewables engineering sector
rather than buying it in from abroad.
Supporting a failing retailer, when there are a host of competitors out there is IMO a complete waste of time.
In 2000 I would have renationalised Rover group instead of letting John Towers get his hands on it.
I disagree, the issue for Rover is that they were too small and didn't have an attractive set of cars to buy. They couldn't afford to invest the £billions it would have taken to develop new models and in any case did not have the brand value to succeed overseas.
To have spent hundreds of millions or billions propping up Rover as it circled the drain would have been IMO a very poor decision.
There's a time and a place for private ownership and of public ownership.
And I don't care about rules which say:
If state aid can save thousands of jobs, do it.
I've highlighted the critical word. Throwing public money at a failing company just to keep the doors open and the lights on makes no sense to me. If hundreds of millions or billions were available to prop up Rover or the coal industry, I think that money would have been better used developing the industries of the 21st century not keeping those of the 19th and 20th on life support.