Nationalisation could be Andy Burnham's big gamble. This Is Why.

It’s coming home.... British Steel that is.

The company will once again be, well, British after it was renationalised to “protect the future of steel production in the UK” - and that could be just the start.

Prime minister-in-waiting Andy Burnham has described water, energy, transport and housing as the “essentials of life” that should be run principally in the public, rather than private, interest.

But can nationalisation solve the fundamental issues privatisation was meant to solve? And if Burnham does deliver more services back into public ownership, what would be the trade-offs and ultimately the cost?

Niall Paterson is joined by Sky’s business correspondent Paul Kelso.

Have you got something you want the team to look into? Email the show – why@sky.uk

#politics #economics #economy #industry

Follow This is Why, available for free here: https://podfollow.com/thisiswhy
Follow Niall on Instagram: https://www.instagram.com/skynewsniall
Follow Niall on X: https://twitter.com/skynewsniall

Find out how to subscribe to our members club, Sky News Insider: https://skynews.supportingcast.fm/

Sky News Insider requires a paid subscription and is available to UK listeners aged 18 and over.

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales