PUBLIC OWNERSHIP saves BILLIONS

Privatisation wastes billions year after year

Privatisation costs more because it means spending money on shareholder dividends and the higher cost of borrowing in the private sector (government can borrow more cheaply).

  • Public ownership of water will save £3 billion - £5 billion a year.
  • Public ownership of energy networks will save £3.7 billion a year.
  • Public ownership of rail will save £1 billion a year.
  • Public ownership of buses will save £506 million a year.
  • Public ownership of Royal Mail will save £230 million a year.

Photo credit: Images Money

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