Business and Trade Select Committee

But the conservative shadow business minister, Bradley Thomas, suggested it was being driven by ideology.

On the 22nd of June this year at the Business and Trade Select Committee, the department's director for materials and industry noted significant investment was required and stressed that the majority of this should come from the private sector.

So other than a new prime minister who's committed ideologically to nationalization, what has changed?

The minister denied that it was ideological, saying he ultimately wanted the business to be run by the private sector.