What Corbyn has said about compensation when utilities are returned to a form of public ownership isn't as simple as " no compensation", though the media spins it as that.

What he has said is that where the price at which they were sold was significatly less than the price at which they should have been sold - as notoriously in the case of Royal Mail, and RBS - any price paid to buy them back should take that underpayment into account.

A more likely potential leader than Watson or Johnson might be Dan Jarvis. But it's only too possible that someone we've never heard of might emerge in a Corbyn led administration, which is committed to opening up the tiny closed circle of Labour party politics.