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Brickbat: Hostile Takeover

John McDonnell

Matt Crossick/ZUMA Press/Newscom


John McDonnell, the likely finance minister if the Labour Party takes control of the British government, says Labour would move quickly to nationalize key industries and might not compensate owners in some cases. McDonnell named "rail, water, energy, and mail" among the industries the party would like for the government to take over.

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