Trade unions called for a temporary renationalisation
of the firm to provide breathing space for employees while commercial offers are explored.
It comes as water firms face potential renationalisation
if Labour come to power, with the party revealing plans to bring the industry under state ownership.
Despite his words, the notion of renationalisation
once again sparked concerns over whether Labour would seek to pay the market price in the event of such a grab.
Namely continued membership of the EU prevents his long-term aim of renationalisation
of vast swathes of industry and services, effectively taking us back to the chaos of the 60s and 70s.
How would Mr Corbyn's renationalisation
plans go down with the EU rules?
He does not support renationalisation
of the troubled East Coast rail network, even though Virgin Trains are expected to give up the franchise in the next few weeks, the third private train operating company to renege on their contract to run this service.
The rural affairs and connectivity spokesman Colin Smyth has written to Transport Secretary Humza Yousaf urging him to endorse renationalisation
for Edinburgh-London services.
would be a victory for the malignant trade unions and the self-serving mandarins of Whitehall, and a disaster for the travelling public.
But a Corbyn-led Labour Party can sweep to power on a tidal wave of popular support by appealing to this huge body of disaffected, working class voters, with Socialist policies like a minimum wage of PS15 an hour and renationalisation
of all public utilities and transport.
The Government and train operators have declared war on the rail unions and they don't give a damn if passengers are collateral damage" Rail, Maritime and Transport union general secretary Mick Cash calling for the renationalisation
of the railways "It rightly infuriates taxpayers when money that is intended for the world's poorest people is stolen or wasted on inappropriate projects.
Pressure group Action for Rail wants renationalisation
, citing the profitable record of East Coast Trains in public ownership.
The idea of renationalisation
will put industries back into the hands of monopoly trade unions,cost billions and will certainly not improve prices or service.