Genuine question;
How can anyone argue that privatisation has any benefit to government whatsoever?
Private enterprise exists to make money above all else. In some cases they are legally obligated to choose the path of greatest profit, no matter what.
This, by definition, means that any service provided will be of the absolute minimum viable, so as to make the maximum profit. It means that profit is the driving factor, not providing an excellent service or product.
That means that everywhere private enterprise has a job for the government, they will charge as much as they can, and provide the absolute least possible in return. Contracts will be gamed and exploited for maximum profit, and the service will be the barest possible to meet contractual obligations.
How can anyone even pretend that private companies leeching every penny at every available opportunity is less wasteful than doing it yourself and actually getting what you've paid for?
"It's still the immigrants' fault you're poor AF" says Starmer, while he slips his hand in your pocket for another fist full of money.