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State Aid Findings Bust EU Myths - Cortes

23 January 2019

TSSA General Secretary Manuel Cortes has hailed as "fantastic" myth busting research showing EU State Aid rules would not hinder a rail nationalisation programme in the UK.

TSSA General Secretary Manuel Cortes has hailed as “fantastic” myth busting research showing EU State Aid rules would not hinder a rail nationalisation programme in the UK.

 

TSSA teamed up with the respected left of centre think tank, the IPPR (Institute for Public Policy Research), to produce a briefing which finds the EU is ‘officially neutral on the matter of state ownership and does not prevent nationalisation’.

The research also shows Britain spends much less on State Aid than the EU average and could at least triple State Aid spending to industry without breaching rules.

Manuel Cortes said: “This briefing is fantastic news because it shows that we can have a transformative Labour government led by Jeremy Corbyn and stay within the European Union.

“Our union is pleased to have played a central role bringing these important findings to light. We now know the EU does not stand in the way of hugely important and popular programmes such as bringing our railways back into public hands.

“The message is clear and heartening – we do not need Brexit in order to change Britain for the many.”

See the IPPR report here: http://bit.ly/2AVQ0kE

 

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