{"id":3248,"date":"2019-11-16T05:45:34","date_gmt":"2019-11-16T05:45:34","guid":{"rendered":"https:\/\/www.asadkarim.co.uk\/?p=3248"},"modified":"2019-11-15T10:47:18","modified_gmt":"2019-11-15T10:47:18","slug":"labour-policy-and-openreach","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=3248","title":{"rendered":"Labour Policy and Openreach"},"content":{"rendered":"\n<p>Labour and Openreach Yesterday, HM Opposition said if it comes to power, it would nationalise parts of BT. <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/www.bbc.co.uk\/news\/election-2019-50427369\">https:\/\/www.bbc.co.uk\/news\/election-2019-50427369<\/a> <\/p>\n\n\n\n<p>The shadow chancellor John McDonnell told the BBC the &#8220;visionary&#8221; \u00a320bn plan would &#8220;ensure that broadband reaches the whole of the country&#8221;. <\/p>\n\n\n\n<p>Some interesting facts that have not been considered by HM Opposition:- <\/p>\n\n\n\n<p>The \u00a320bn figure from Labour, compares to\u00a0\u00a330-40bn BT has said that it will cost to rollout fibre to the UK.<\/p>\n\n\n\n<p>It is very ambigious whether the \u00a320bn would also cover the cost of nationalisation, which according to Openreach&#8217;s regulatory accounts has a regulated asset value of c\u00a313bn. <\/p>\n\n\n\n<p>Labour&#8217;s estimated cost of maintaining Openreach at \u00a3230million pa compares to Openreach&#8217;s annual opex of\u00a0about \u00a32,000 million per year. <\/p>\n\n\n\n<p>Any nationalisation would also have to consider many other complexities including what to do with the pension plan and the remaining business units not nationalised. <\/p>\n\n\n\n<p>No mention about Debt&#8217;s fixed income, its debt position.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labour and Openreach Yesterday, HM Opposition said if it comes to power, it would nationalise parts of BT. https:\/\/www.bbc.co.uk\/news\/election-2019-50427369 The shadow chancellor John McDonnell told the BBC the &#8220;visionary&#8221; \u00a320bn plan would &#8220;ensure that broadband reaches the whole of the country&#8221;. Some interesting facts that have not been considered by HM Opposition:- The \u00a320bn figure [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3248","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/3248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3248"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/3248\/revisions"}],"predecessor-version":[{"id":3249,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/3248\/revisions\/3249"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}