Sir Keir Starmer to announce plans for 'Great British Energy' company during north Wales visit

  • 📰 itvnews
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 61%

Business News News

Business Business Latest News,Business Business Headlines

Labour will pledge more than £8bn into energy company if it wins UK General Election as Sir Keir Starmer tries to 'get Putin's boot of our throat.'

, as he unveils 'Great British Energy' in a bid to "get Putin's boot of our throat" should his party win power at the next UK General Election.

On Monday, Starmer will outline what he describes as plans for "a more patriotic economy" and a move away from "tyrants using energy as an economic weapon." The party has previously announced plans for an Energy Independence Act, which is said would lead to more energy - and connected jobs - being created in Britain.

Labour's publicly owned energy company would invest in offshore wind - something the party says would create "tens of thousands of skilled jobs across Wales."Ahead of the visit the party said: "The announcement on floating offshore wind marks the first major investment commitment that Great British Energy will make once established by an incoming UK Labour government.

'Great British Energy' will be launched if Labour wins the next UK General Election, expected to be held later this year.In response, the UK Secretary of State for the Department of Energy Security and Net Zero Claire Coutinho, said:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 69. in BUSİNESS

Business Business Latest News, Business Business Headlines