Labour pledges to create publicly owned energy company to ‘cut bills and create jobs’
Sir Keir Starmer has announced that a Labour government will create Great British Energy – a new, publicly owned company that will generate renewable sources “to cut bills, create jobs and deliver energy independence”.
The role of GB Energy will be to provide additional capacity alongside the private sector, to establish the UK as a clean energy superpower and guarantee long term energy security, the Labour leader said.
Many European, Asian, and American countries have public generating companies, like EDF in France.
Starmer delivers keynote speech – live updates
Delivering a keynote speech at the party conference in Liverpool, Sir Keir said the largest onshore wind farm in Wales is owned by Sweden, so “energy bills in Swansea are paying for schools and hospitals in Stockholm”.
He added: “The Chinese Communist Party has a stake in our nuclear industry. And five million people in Britain pay their bills to an energy company owned by France.
“Labour will set up Great British Energy within the first year of a Labour government. A new company that takes advantage of the opportunities in clean British power, because it’s right for jobs, because it’s right for growth, because it’s right for energy independence.”
Sir Keir Starmer kisses his wife Victoria after making his keynote address
Britain’s own EDF
A Labour Party source told Sky News the hope is that GB Energy will “eventually be an EDF”.
The announcement builds on Labour’s commitment to make the UK a clean energy superpower by 2030 and create a National Wealth Fund to invest in British industry.
Sir Keir said Labour “will make sure that the public money we spend building-up British industry, spurs on private investment, stimulates growth… and the British people enjoy the returns”.
He added: “Labour won’t make the mistake the Tories made with North Sea oil and gas back in the 1980s, where they frittered away the wealth from our national resources.
“The road to net-zero is no longer one of stern, austere, self-denial. It’s at the heart of modern, 21st century aspiration. Technology has turned everything on its head.”
Tories ‘have ripped out foundations of Britain’
The speech came after days of market uncertainty driven by Chancellor Kwasi Kwarteng’s mini-budget – something Sir Keir said the public should “not forgive and not forget”.
Sir Keir accused the Tories of crashing the pound and losing control of the economy “to give tax cuts to the rich”.
“They used to lecture us about fixing the roof when the sun was shining,” he said.
“But take a look around Britain, they haven’t just failed to fix the roof, they’ve ripped out the foundations, smashed through the windows, and now they’ve blown the doors off for good measure.”
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‘Tories have smashed windows and blown doors off’
Homes, Brexit, and Blair
In another policy announcement, Sir Keir said Labour wants to increase homeownership and will set a target of 70%, offering a new mortgage guarantee for first-time buyers to help more people get onto the housing ladder.
He also promised to make Brexit “work” – saying that is something voters won’t get from the Tories or SNP.
His condemnation of the SNP was well-received by the audience.
“We can’t work with them, we won’t work with them, no deal under any circumstances,” he said.
Sir Keir finished his speech by echoing former leader and prime minister Tony Blair.
He said Labour is “the party of the centre ground – once again the political wing of the British people”.
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How was the speech received?
Sir Keir won no fewer than 10 standing ovations during his confident and assured 50-minute speech.
Deputy leader Angela Rayner told Sky News’ political editor Beth Rigby the speech showed how passionate he is, after suggestions from some quarters that he is boring and lacking in personality.
Ms Rayner was a supporter of former leader Jeremy Corbyn and has been generally seen as more to the left of the party than Sir Keir.
“I think he’s exactly what we need in this country at the moment, someone who’s got very clear ideas, very good ethics,” she said.
Starmer lays on patriotism thick in keynote speech
For anyone in doubt that Labour wants to be seen as a patriotic party under Sir Keir Starmer, the signs are not very subtle.
It started with kicking off the conference with the national anthem.
And it has culminated in Sir Keir giving his leader’s speech surrounded by British flags.
And the big announcement? Establishing a new state energy company called Great British Energy.
It doesn’t get much more patriotic than that.
Trade unions also praised the speech, with Frances O’Grady of the TUC calling it “inspirational” and UNSION saying a Labour government “can’t come soon enough”.
The speech was less well received by the SNP, who accused Labour of “turning into the Tories”.
The Conservatives also hit back, saying there was nothing new in the speech “no matter how much he tries to emulate Tony Blair”.
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Trump doubles down on Putin criticism – as Russia offers Ukraine a date and location for peace talks
Donald Trump has doubled down on his criticism of Vladimir Putin – adding he will know soon if the Russian leader is just “tapping” him along.
The US president told reporters at the White House that he believed his counterpart in Moscow may be intentionally delaying ceasefire talks, while he also expressed disappointment at heavy Russian bombing over the weekend.
While Mr Trump has so far stopped short of imposing sanctions – to avoid, he says, “screwing up” negotiations – he warned his stance could change.
Ukraine Q&A: Are we any closer to war ending?
The president said: “We’re going to find out whether or not he’s tapping us along or not, and if he is, we’ll respond a little differently,” adding that he “can’t tell you” if Mr Putin wanted peace.
Donald Trump. Pic: Reuters
His comments in the Oval Office came minutes after Russia’s foreign minister announced that the Kremlin had offered Ukraine a second round of talks on 2 June in Istanbul.
Kyiv did not immediately respond to the proposal, which Sergei Lavrov said would see Moscow hand their proposals for a potential peace deal directly to Ukraine.
“We hope that all those who are sincerely, and not just in words, interested in the success of the peace process will support holding a new round of direct Russian-Ukrainian talks in Istanbul,” Mr Lavrov added.
Later on Wednesday, Ukraine’s defence minister Rustem Umerov said his government was “not against” further meetings, but called for Russia to deliver its memorandum to Kyiv beforehand.
Meanwhile, Mr Lavrov also hit out at Germany for agreeing to finance the production of long-range missiles in Ukraine, accusing Berlin of showing it is “already a participant in the war”.
However, German leader Friedrich Merz declined to say that his country would hand over the Taurus missiles that Ukraine’s president Volodymyr Zelenskyy – who was in Berlin on Wednesday – has long wanted.
Ukraine’s need for ammunition has become all the more urgent after Russia launched some of the largest aerial assaults of the war so far over the weekend.
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Russia said it had downed 296 Ukrainian drones over 13 regions overnight, while Ukraine said it had struck several weapon production sites.
Kyiv, in turn, said Moscow had launched 88 drones and five ballistic missiles since Tuesday.
World
Hamas’s Gaza chief ‘eliminated’, says Netanyahu – but military sources say they cannot confirm death
Hamas’s Gaza chief Mohammed Sinwar has been “eliminated”, according to Israel’s Prime Minister Benjamin Netanyahu.
But Israeli military sources have said they are not yet able to confirm the death.
Hamas has also not yet confirmed the apparent killing of its leader.
Meanwhile, with Gaza on the brink of famine, the Palestinian ambassador to the United Nations broke down in tears as he spoke of the suffering of its people.
Palestinian ambassador Riyad Mansour broke down in tears as he spoke of the suffering of people in Gaza
Riyah Mansour told the Security Council: “Children are dying of starvation. The images of mothers embracing their motionless bodies. Caressing their hair, talking to them, apologising to them, is unbearable.”
He added: “I have grandchildren. I know what they mean to their families. And to see this situation over the Palestinians without us having hearts to do something is beyond the ability of any normal human being to tolerate. Flames and hunger are devouring Palestinian children. This is why we are so outraged as Palestinians everywhere.”
Sinwar was one of Israel‘s most wanted and the younger brother of the Palestinian militant group’s former leader Yahya Sinwar.
The older sibling was the mastermind of the October 7 2023 attack, which killed 1,200 people in Israel, with around 250 others taken hostage into Gaza.
The attack triggered Israel’s assault on Gaza which decimated the territory, with more than 53,000 people killed, mostly women and children, and over two million displaced, according to health officials, who do not distinguish between civilians and combatants in their tally of fatalities.
Yahya Sinwar was killed by Israel in October 2024. File pic: AP
Yahya Sinwar was killed in a gun battle with Israeli troops in Gaza last October. His younger sibling was believed to have then become the head of Hamas’s armed wing.
Speaking to the Knesset on Wednesday, Mr Netanyahu included Mohammed Sinwar in a list of Hamas leaders killed in Israeli strikes. Later, Israel Defence Forces (IDF) sources said they were not yet able to confirm the death.
The prime minister said: “We have killed tens of thousands of terrorists. We killed (Mohammed) Deif, (Ismail) Haniyeh, Yahya Sinwar and Mohammed Sinwar.” He did not elaborate.
Benjamin Netanyahu’s claimed could not be confirmed. Pic: AP
Mohammed Sinwar had reportedly been the target of an Israeli strike on a hospital in southern Gaza on 13 May and Mr Netanyahu said on 21 May that it was likely he had been killed.
The Israeli military had said it struck a Hamas command centre under the European Hospital in the Sinwars’ hometown of Khan Younis, and it declined to comment on whether Sinwar was targeted or killed.
At least six people were killed in the strike and 40 wounded, Gaza’s health ministry said at the time.
Sinwar rose through ranks
Like his older brother, Mohammed Sinwar joined Hamas after it was founded in the late 1980s as the Palestinian branch of the Muslim Brotherhood. He became a member of the group’s military wing, known as the Qassam Brigades.
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Sinwar rose through the ranks to become a member of its so-called joint chiefs of staff, bringing him close to its longtime commander, Deif, who was killed in a strike last year.
Read more from Sky News:
Humanitarian chief talks of Gaza ‘catastrophe’
UN boss condemns ‘teaspoon’ of aid allowed into Gaza
“In the last two days, we have been in a dramatic turn towards a complete defeat of Hamas,” the Israeli leader told the Knesset.
Mr Netanyahu also spoke about how Israel was “taking control of food distribution”, a reference to a new aid distribution system that has been criticised and boycotted by humanitarian groups and the UN.
One killed at site of aid hub
The development comes after one person was killed and 48 others injured when forces opened fire on a crowd that overwhelmed an aid hub in Gaza, according to local health officials.
Palestinians have become increasingly desperate for food after almost three months of Israeli border closures. A blockade has recently been eased.
People broke through fences around the distribution site on Wednesday, and a journalist with the Associated Press said they heard Israeli tank and gunfire, and saw a military helicopter firing flares.
It was not yet known whether the death and injuries were caused by Israeli forces, private contractors or others.
The Israeli and US-backed Gaza Humanitarian Foundation, which set up the hub outside Rafah, said its military contractors had not fired on the crowd but “fell back” before resuming aid operations. Israel said its troops nearby had fired warning shots.
The UN and other humanitarian organisations have rejected the new system, saying it will not meet the needs of Gaza’s 2.3 million people and allows Israel to use food to control the population.
Israel has vowed to seize control of Gaza and fight until Hamas is destroyed or disarmed and exiled, and until the militant group returns the last 58 hostages, including around a third thought to be still alive.
‘This is a man-made catastrophe’
Meanwhile, a US trauma surgeon who has been working in Gaza urged the UN Security Council to not “claim ignorance” about the humanitarian devastation.
Dr Feroze Sidhwa said: “Let’s not forget, this is a man-made catastrophe. It is entirely preventable. Participating in it or not allowing it to happen is a choice.
“This is a deliberate denial of conditions necessary for life: food, shelter, water and medicine. Preventing genocide means refusing to normalise these atrocities.”
The UN World Health Organization has documented around 700 attacks on healthcare facilities in Gaza during the war. Israel accuses Hamas of using hospitals as command centres and to hide fighters.
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