The broadband initiative is a brilliant move.
Snigger, snigger
BT’s share price dropped almost 4% on opening this morning, following Labour’s late-night announcement yesterday that they plan on nationalising parts of BT to provide free full-fibre broadband to every household. They’ve costed it at £20 billion, which, in comparison to the rest of Labour’s manifesto, borders on pocket change…

Doing the media rounds this morning, McDonnell has promised re-nationalising British Telecoms really is the “limit of their ambitions”, however it has been pointed out he said the same thing when announcing he’d nationalise water, energy, rail and the post office…