Andy Burnham’s first address to the Labour party conference as prime minister addressed Britain’s rising energy costs and sluggish economic growth with plans for a new government-backed body to invest in the electricity grid. The proposals to set up Great British Grid, first revealed by the Guardian, build on the party’s manifesto pledge to create Great British Energy, a state-owned company to invest in renewables. However, GB Grid faces a tougher challenge: lowering bills and supercharging the economy through public investment in the electricity network.
We all know it,” Burnham argues. Once again, the British public has lost control.” Few would disagree with the diagnosis – but is direct government investment in grids the remedy Britain needs?
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