Labour has pledged to bring a huge number of jobs and billions of pounds worth of investment to Scotland through its plans for a state-owned energy-generation company. Speaking in the former industrial heartland of Greenock, the Labour leader Sir Keir Starmer laid out a pitch for Scottish voters he hopes to lure away from the Scottish National party and secure dozens of seats that could form the bedrock of his government in Westminster.
The £8.3bn company would be funded by a higher windfall tax on oil and gas companies. GB Energy will co-invest with the private sector in industries such as offshore and onshore wind, solar and nuclear technologies, and develop 8-gigawatt small- and medium-scale renewable projects with local communities.
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