Ed’s bid to bring back socialism

“Ed Miliband is as good as his word,” says Dominic Lawson in The Sunday Times. When asked, on the eve of the last Labour annual conference, “When will you bring back socialism?”, he replied: “That’s what we’re doing, sir.”

Since then, he has “amply justified that retort”, first with his pledge to freeze energy prices and last week, with a commitment to cap prices in the rental market.

Miliband’s manifesto also includes control of payday lending, intervention in foreign takeovers and the possible re-nationalisation of Britain’s railways.

At the weekend, a policy document advocating a crackdown on [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Hard cash

What's next for gold and silver?

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

FREE REPORT:
What you should really do with your money (2014 Edition)


How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking