Labour’s Great British Energy Sham
MAY 31, 2024
By Paul Homewood
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It sounds like it is the SNP who have really rumbled Starmer’s Great British Energy sham:
LABOUR’S plans for a “home-grown energy company” have unravelled spectacularly after Keir Starmer was forced to admit Great British Energy was “not an energy company”.
The SNP have branded the flagship pledge a “sham” after Starmer dramatically scaled back Labour’s plans during a visit to Scotland on Friday.
Speaking to BBC Good Morning Scotland, Starmer admitted the publicly-owned company would be an “investment vehicle” to pump money into the private sector.
He said: “It’d be an investment vehicle, not an energy company, it’s an investment vehicle in the energy of the future.
“The money going into it would be public money but used to trigger private investment alongside it.”
The Labour leader said he expected it to be profitable and that it would create jobs.
https://notalotofpeopleknowthat.wordpress.com/2024/05/31/labours-great-british-energy-sham/
