Indeed. Many of these businesses are not making money, and the idea presumably is to reduce costs or profits further. Privatisation isn't always a bad thing.
Well, the rail franchises are going to expire and then not be leased again. Much of the rest, I don't think is every going to happen entirely. It's a 20 year project to nationalise the energy market, probably more.
But you know, the UK does have a lot of assets we don't talk about when discussing the budget and the debt. We could sell off Gibraltar to America, I'm sure they would quite like to put the Military base there. We could raid the Bank of England vault for their
gold. Or
use our own. Or maybe we could sell off the Queen...
I joke, but the UK Government does have around
£1.3 trillion in assets according to this economist article.
Or maybe Corbyn is planning on saving the
£2 billion a year it cost to run trident, and slowly buy our National Assets back over 50 years.
What Labour are actually thinking, who knows.
Maybe, they are thinking they will be the first government since 2001 to actually balance the budget, and they will reinvest the profits? (The Conservatives haven't had a balanced budget since 1990, despite being in power 17/27 years)
Seriously though, it will be a slow asset swap.