There is simply no good reason to suppose that public ownership would lead to better management and higher investment when historically it has produced the opposite.
No legislator could disprove the company’s claim that it is now going to clean up its act.
Perhaps it is time to start to learn to love quangos; perhaps with greater democratic control, such a romance would be possible.
Most of us can get used to dysfunction in the busy and familiar setting of our day-to-day lives. But a change of scene offers a different perspective.