Official election results announced by the UK Electoral Commission

UK Labour Party to Launch Great British Energy, Creating 50,000 Jobs

Jul 2, 2024, 07:02 PM

The UK Labour Party has announced plans to establish Great British Energy, a publicly-owned clean power company. This initiative, in collaboration with the Welsh Labour Government, aims to cut energy bills, enhance energy security, and create new jobs. The project will be funded by a windfall tax on oil and gas giants. Labour leader Keir Starmer emphasized that this move is part of a broader strategy to deliver economic stability, reduce NHS waiting times, improve public safety, and hire 6,500 more teachers. The initiative is expected to create 50,000 skilled jobs across the West Midlands. Labour is urging the public to vote for these changes in the upcoming Thursday elections.