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Labour leader Sir Keir Starmer will vow on Friday to “get working within months to build clean power across the United Kingdom” if his party wins the general election.

At an event in Scotland – and joined by Scottish Labour leader Anas Sarwar – the prime ministerial hopeful will reiterate his plans for Great British Energy, first announced at the party’s conference in 2022.

Headquartered north of the border, the new, publicly owned company will generate homegrown green energy up and down the country, with the party claiming it will help to “turn the page” on the cost of living crisis by driving down bills.

But the Conservatives claimed it was a “vanity project” of former Labour leader – and now shadow energy security and net zero secretary – Ed Miliband, that will “leave taxpayers picking up the bill”.

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Sir Keir will outline how initial investments will be made within weeks, including in wind and solar projects, and as the firm grows, it will look into floating offshore wind, hydrogen, and carbon capture and storage, in the hope of making Scotland “a world-leader in cutting edge technologies”.

The party said the pledge would be paid for through a windfall tax on oil and gas companies.

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Sir Keir will say: “Family financial security depends on energy security. The pain and misery of the cost of living crisis was directly caused by the Tories’ failure to make Britain resilient, leaving us at the mercy of fossil fuel markets controlled by dictators like Putin.

“It doesn’t have to be this way. Our clean power mission with Great British Energy will take back control of our destiny and invest in cheap, clean homegrown energy that we control.

“We will turn the page on the cost of living crisis. The choice at this election is clear – higher bills and energy insecurity with the Conservatives, or lower bills and energy security with Labour.”

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Sir Keir Starmer first announced the policy in 2022

But Energy Security and Net Zero Secretary Claire Coutinho claimed the project was both unfunded and would “turn off the taps to North Sea oil and gas”, risking 2,000 jobs.

“By sticking to the Conservatives’ clear plan, energy bills are at the lowest point since 2022,” she added. “But we must go further.

“That’s why we are taking bold action to guarantee the future of the energy price cap, as we back new nuclear power and offshore wind, keeping bills low and ensuring families are not lumbered with the cost of reaching net zero.”

British Prime Minister Rishi Sunak, Secretary of State for Scotland, Alister Jack, and Secretary of State for Energy Security and Net Zero, Claire Coutinho, during a visit to Baker Hughes in Montrose, Angus, Britain?Picture date: Friday March 1, 2024. Michal Wachucik/Pool via REUTERS
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Rishi Sunak and Claire Coutinho will argue the Tories are better placed to bring down energy bills. Pic: Reuters

The SNP’s Westminster leader, Stephen Flynn, had an even bleaker assessment of the plan, claiming it was “threatening to destroy 100,000 Scottish jobs and deter billions of pounds of investment”.

He added: “The fact is Starmer’s plans would take Scotland’s energy wealth and spend it on nuclear projects in England.

“In contrast, the SNP wants every penny to be spent in Scotland – reducing household bills, creating Scottish jobs, and securing our green energy future.

“It’s no wonder the Labour Party has given up campaigning in the North East and huge swathes of Scotland – because Starmer knows how deeply unpopular his damaging policies are.”

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Great British Energy got the backing of one campaign group, Britain Remade, who called it “hugely welcome”.

But its founder, Sam Richards, warned Labour “won’t be able to get spades in the ground as quickly as they need to – unlocking the benefits of cheap power and lower bills – unless they tackle head-on Britain’s outdated planning system”.

Environmental campaigners Friends of the Earth also called the plan “great news” but warned the Labour Party not to “rest on its laurels” when it came to reducing carbon pollution from transport and heating.

Elsewhere on the campaign trail on Friday, the Conservatives will be talking about tackling anti-social behaviour, unveiling plans to give fly-tippers points on their driving licenses, “kick out” anti-social tenants and roll out “hot spot” policing controls.

And the SNP will be making further demands on Labour, calling for them to hold an emergency budget straight after the election to “reverse Tory austerity cuts, boost NHS funding, and invest in economic growth”.

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Vietnam legalizes crypto under new digital technology law

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Vietnam legalizes crypto under new digital technology law

Vietnam legalizes crypto under new digital technology law

Vietnam has passed a sweeping digital technology law that legalizes crypto assets and outlines incentives for AI, semiconductors, and infrastructure.

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Brazil ends crypto tax exemption, imposes 17.5% flat rate on gains

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Brazil ends crypto tax exemption, imposes 17.5% flat rate on gains

Brazil ends crypto tax exemption, imposes 17.5% flat rate on gains

Brazil scraps crypto tax exemption for small traders, enforces flat 17.5% rate across all gains, including self-custody and offshore holdings.

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A scrambled G7 agenda as world leaders scramble to de-escalate the Israel-Iran conflict

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A scrambled G7 agenda as world leaders scramble to de-escalate the Israel-Iran conflict

The return on Donald Trump to the G7 was always going to be unpredictable. That it is happening against the backdrop of an escalating conflict in the Middle East makes it even more so.

Expectations had already been low, with the Canadian hosts cautioning against the normal joint communique at the end of the summit, mindful that this group of leaders would struggle to find consensus.

Canadian Prime Minister Mark Carney carefully laid down an agenda that was uncontroversial in a bid to avoid any blow-ups between President Trump and allies, who of late have been divided like never before – be it over tariffs and trade, Russia and Ukraine, or, more recently Israel’s conduct in Gaza.

But discussions around critical minerals and global supply chains will undoubtedly drop down the agenda as leaders convene at a precarious moment. Keir Starmer, on his way over to Canada for a bi-lateral meeting in Ottawa with PM Carney before travelling onto the G7 summit in Kananaskis, underscored the gravity of the situation as he again spoke of de-escalation, while also confirmed that the UK was deploying more British fighter jets to the region amid threats from Tehran that it will attack UK bases if London helps defend Israel against airstrikes.

Canadian Prime Minister Mark Carney is greeted by President Donald Trump as he arrives at the West Wing of the White House, Tuesday, May 6, 2025, in Washington. (AP Photo/Mark Schiefelbein)
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Canadian PM Mark Carney is greeted by President Donald Trump at the White House in May. Pic: AP

Really this is a G7 agenda scrambled as world leaders scramble to de-escalate the worst fighting between Tel Aviv and Tehran in decades. President Trump has for months been urging Israel not to strike Iran as he worked towards a diplomatic deal to halt uranium enrichment. Further talks had been due on Sunday – but are now not expected to go ahead.

All eyes will be on Trump in the coming days, to see if the US – Israel’s closest ally – will call on Israel to rein in its assault. The US has so far not participated in any joint attacks with Tel Aviv, but is moving warships and other military assets to the Middle East.

Sir Keir, who has managed to strike the first trade deal with Trump, will want to leverage his “good relationship” with the US leader at the G7 to press for de-escalation in the Middle East, while he also hopes to use the summit to further discuss the further the interests of Ukraine with Trump and raise again the prospects of Russian sanctions.

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“We’ve got President Zelenskyy coming so that provides a good opportunity for us to discuss again as a group,” the PM told me on the flight over to Canada. “My long-standing view is, we need to get Russia to the table for an unconditional ceasefire. That’s not been really straightforward. But we do need to be clear about what we need to get to the table and that if that doesn’t happen, sanctions will undoubtedly be part of the discussion at the G7.”

Prime Minister Sir Keir Starmer (right) is greeted by Prime Minister of Canada Mark Carney as he arrives at Rideau Cottage in Ottawa
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Prime Minister Sir Keir Starmer (R) is greeted by Mark Carney as he arrives in Ottawa ahead of the G7

But that the leaders are not planning for a joint communique – a document outlining what the leaders have agreed – tells you a lot. When they last gathered with Trump in Canada for the G7 back in 2018, the US president rather spectacularly fell out with Justin Trudeau when the former Canadian president threatened to retaliate against US tariffs and refused to sign the G7 agreement.

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Since then, Trump has spoken of his desire to turn Canada into the 51st state of the US, a suggestion that helped catapult the Liberal Party beyond their Conservative rivals and back into power in the recent Canadian elections, as Mark Carney stood on a ticket of confronting Trump’s aggression.

With so much disagreement between the US and allies, it is hard to see where progress might be made over the next couple of days. But what these leaders will agree on is the need to take down the temperature in the Middle East and for all the unpredictability around these relationships, what is certain is a sense of urgency around Iran and Israel that could find these increasingly disparate allies on common ground.

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