Labour hasn’t factored BT’s pensions black hole into its nationalisation plan Labour’s plan to part-nationalise BT didn’t factor in its pension deficit Here’s a riddle: how do you spend several billion pounds of taxpayers’ money and get nothing but a bunch of smiling accountants in return? The answer: tear Openreach out of BT, as Ofcom attempted a few years ago and Labour now proposes as part of its plan to nationalise the provision of ultrafast broadband. Read [...]
