Stark warnings of a £67bn hit from Labour’s plans to seize 10pc of UK firms have raised the stakes for Thursday’s general election after alarming official figures revealed the economy grinding to a halt.
Analysis of Labour’s Inclusive Ownership Fund for The Telegraph by the Centre for Economics and Business Research shows overall economic output 3.1pc smaller in 20 years’ time as a result of the policy, which was branded even more dangerous than left-wing firebrand Tony Benn’s 1970s plans to nationalise the UK’s 100 biggest companies.