those contracts take years to tender and likely have huge clawback clauses. I doubt that Labour got into power and immediately signed contracts for things like this. More likely it was more expensive to stop it.
Bingo. I also suspect they’re gambling on it being a failure. Hard ball behaviour if true but a failure of such a privatisation would be very high profile and likely put a stop to anything similar for a long time.
Also note that failures to meet agreed standards will have penalties so it might be possible for labour to force them out that way.
those contracts take years to tender and likely have huge clawback clauses. I doubt that Labour got into power and immediately signed contracts for things like this. More likely it was more expensive to stop it.
Bingo. I also suspect they’re gambling on it being a failure. Hard ball behaviour if true but a failure of such a privatisation would be very high profile and likely put a stop to anything similar for a long time.
Also note that failures to meet agreed standards will have penalties so it might be possible for labour to force them out that way.