November 15, 2019 / 9:44 AM / a month ago

UK PM Johnson says Labour's plan to part-nationalise BT is "crackpot"

LONDON, Nov 15 (Reuters) - British Prime Minister Boris Johnson said a pre-election promise by the opposition Labour Party to nationalise telecoms provider BT’s fixed line network to provide free full-fibre broadband for all is a “crackpot scheme.”

“What we won’t be doing is some crackpot scheme that would involve many, many tens of billions of taxpayers’ money nationalising a British business,” Johnson told BBC radio. (Reporting by Costas Pitas and Andy Bruce. Andrew MacAskill)

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