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Ed Balls: Labour won't renationalise rail
ED BALLS threw away hundreds of thousands of votes yesterday by insisting that Labour would not renationalise the railways.
The shadow chancellor told the BBC’s Andrew Marr that Labour would give publicly owned franchises a chance to bid but nothing else.
“I don't want to go back to the nationalisation of the 1970s,” he said. “I don’t think we want to go back to the British Rail of the ’70s.
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