Great British Energy: what is it, what would it do and how would it be funded?

The details behind Keir Starmer’s proposed publicly owned energy company when Labour take power

The key pledge of Keir Starmer’s Labour conference speech was the proposed launch of Great British Energy, a publicly owned energy company to invest in clean UK power as part of the party’s commitment to “fight the Tories on economic growth”. But how does it work, and is it the same as renationalising energy?

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Keir Starmer promises to launch publicly-owned UK energy company as he hails ‘Labour moment’ – UK politics live

Latest updates: the Labour party leader used his conference speech to spell out his plan for the UK

The decision to pay Liz Truss’s new chief of staff, Mark Fullbrook, through a private company has been dropped after criticism from within the Conservatives as well as from opposition parties.

The government admitted over the weekend that Fullbrook would be paid through his lobbying firm, a move that could have helped him avoid paying tax. He had previously claimed the firm had stopped all commercial activities.

The world we are heading for is a bumpy few weeks. The chancellor is now going to have quite a tough time because he has now set out plans to balance the books in November. That is going to be very hard.

Actually balancing the books in November is going to be harder than it would have been to show you are balancing the books last week because higher interest rates will make it harder to do. You might need £15bn worth of tough choices now that you didn’t need last Friday.

In the end, lower taxes will mean worse public services, or other people’s taxes having to go up, and it is those choices and ducking those choices that markets are looking at and saying that is not what serious policymaking looks like.

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Labour delegates urged to back PR to end ‘trickle-down democracy’ – UK politics live

Latest updates: Labour delegate says current electoral system allows Tories to get away with measures like ‘protecting bankers’ bonuses’

In June, as the RMT union launched what has become an ongoing series of strikes, Keir Starmer ordered Labour frontbenchers and shadow ministerial aides not to join picket lines. This infuriated leftwing Labour MPs and some union leaders, notably Sharon Graham, the general secretary of Unite.

At one point it looked as if there might be a huge row at conference about whether shadow ministers should or should not be allowed to join picket lines. But, in an interview with the Today programme this morning, Graham suggested that a truce of sorts has been agreed – even if the two sides do not entirely see eye to eye.

My issue about this … isn’t necessarily around one person on a picket line because, quite frankly, that isn’t the issue. The issue is the mood music [ordering shadow ministers not to join picket lines] suggests. It suggests a mood music that being on the picket line is somehow a bad thing. It’s a naughty step situation.

The party who is there to stick up for workers should not give the impression – that’s the problem, it gives the impression – that they are saying picket lines are not the place to be. And I think that it was unfortunate. I think it was a mistake. I think, to be honest with you, Labour knows it was a mistake. And I don’t actually think it’s holdable.

When people go on strike it is a last resort at the end of negotiations. And I can quite understand how people are driven to that … I support the right of individuals to go on strike, I support the trade unions doing the job that they are doing in representing their members.

I’m incredibly disappointed that as delegates we’ve been excluded from this key part of the conference’s democratic process.

This is an unprecedented move silencing members’ voices. Our CLP sent us here to Liverpool to promote our motion on public ownership and a Green New Deal, but we’ve been unfairly denied that right.

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Monday at the Labour conference: the highs and lows

Against a backdrop of the falling pound, the opposition sets out an alternative vision

“It will fall to us to fix the damage the Tories have done. We have done it before, we will do it again” – Rachel Reeves, the shadow chancellor, making her speech to conference on the day the pound hit a record low against the dollar.

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Party conference will be last before Labour governs, says Andy Burnham

Greater Manchester mayor predicts regaining lost ‘red wall’ seats in Q&A with Guardian editor-in-chief

Andy Burnham has said Labour is on the brink of government, predicting the party will win back all of the “red wall” seats it lost in 2019.

The Greater Manchester mayor also doubled down on calls for Labour to reinstate the 20p tax rate after planned cuts by Liz Truss, saying the money should be directed to public sector pay, and reiterated calls for nationalisation of the railways, calling it a “no-brainer”.

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Keir Starmer defies call for changes to first past the post voting system

The Labour leader said electoral reform was not a priority and refused to make it one of the party’s election manifesto pledges

Keir Starmer has ruled out including any support for a change in the voting system in Labour’s election manifesto, as senior figures from across the party joined calls to back proportional representation (PR).

Labour’s annual conference, under way in Liverpool, is expected to back a motion calling for the party to drop its historical support for the first past the post system amid concerns that it has locked Labour out of power.

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Keir Starmer unveils green growth plan to counter Liz Truss’s tax cuts

Labour pledges a revolution in green energy to ‘boost jobs and slash emissions’

Keir Starmer will pledge to deliver a new era of economic growth and permanently lower energy bills by turning the UK into an independent green “superpower” before 2030, through a massive expansion of wind and solar energy.

Announcing details of the plan exclusively to the Observer, the Labour leader says he will double the amount of onshore wind, triple solar and more than quadruple offshore wind power, “re-industrialising” the country to create a zero carbon, self-sufficient electricity system, by the end of this decade.

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Tories gambling with the finances of British people, says Starmer

Labour leader attacks ‘casino economics’ in wake of £45bn package of tax cuts announced by chancellor

Sir Keir Starmer has accused the government of “gambling the mortgages and finances” of the British people with its “casino economics”.

Speaking before his party’s conference in Liverpool, the Labour leader tweeted: “Tory casino economics is gambling the mortgages and finances of every family in the country. Labour will secure growth for working people, that benefits all communities. My government will deliver a fairer, greener future.”

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Starmer must not ‘sit back’ if Labour is to win next election, Mandelson says

Former cabinet minister urges Labour leader to be ‘restless for change’ and challenge ‘post-truth’ campaign by Truss government

Liz Truss will mount a “post-truth” campaign presenting the Conservatives as the party of change at the next election, Peter Mandelson has warned, as he called on Keir Starmer not to “sit back” and assume automatic victory.

While Labour has held a steady lead in the opinion polls for nine months, Starmer was urged by the former cabinet minister to “do a better job” of showing voters how the party has evolved under his leadership to cement its chances of entering government.

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Keir Starmer: protesters should respect those mourning Queen

Labour leader defends right to protest but says it should not ruin people’s chance to express their private thanks

People who wish to protest against the monarchy should respect those mourning the Queen and not ruin their opportunity to express their private thanks, Keir Starmer has said.

Amid controversy over a small number of protesters being removed by police or arrested, the Labour leader told BBC Breakfast the right to protest and disagree was a British tradition, but he called for it to be done “in the spirit of respect”.

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Liz Truss holds first cabinet meeting as Thérèse Coffey denies claim PM put loyalty before competence – UK politics live

Health secretary says Truss did not focus too much on rewarding friends as new ministers attend first cabinet meeting

According to a report by Jason Groves in the Daily Mail, Liz Truss may announce an end to the ban on fracking this week. During the leadership campaign she said she wanted to allow fracking, but only in areas where there was a clear public consensus in favour.

On the Today programme this morning Lord Deben, the Tory peer who chairs the Committee for Climate Change, said fracking was not a solution to the UK’s energy problems. He explained:

The price of gas is not affected by the relatively small amount that we can get, in addition to the North Sea or indeed from fracking.

This is an international price and we would be paying the same price we got out of the fracked gas as we are for the gas we’re using now.

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‘Wise and kind’ Labour peer Giles Radice dies at 85

Keir Starmer praises an ‘unrivalled social democratic thinker’ who was vital to party regaining power in 1997

Keir Starmer has paid tribute to former Labour politician Giles Radice, after reports he has died aged 85.

The party leader praised the peer and former MP as a “wise and kind man” and “unrivalled social democratic thinker”.

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Sacked Labour MP Sam Tarry faces reselection battle before party conference

Supporters of former shadow transport minister who joined RMT picket lines says process fast-tracked out of ‘revenge’

The Labour MP Sam Tarry is facing an imminent reselection battle before the party conference, with his supporters accusing figures close to the leadership of fast-tracking the process out of “revenge”.

The Ilford South MP was sacked as a shadow transport minister in July after attending a picket line in support of RMT workers, but Keir Starmer, the Labour leader, later said the reason he was removed from his role was for making up policy “on the hoof” in television interviews.

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Liz Truss’s arrival in No 10 ‘could deliver Tories a big bounce in polls’

Exclusive: leaked Labour analysis says foreign secretary could revive party’s fortunes – but effect may be short-lived

Tory leadership frontrunner Liz Truss could give the government a double-figure bounce in the polls once she is installed in No 10, according to internal Labour analysis.

A memo drawn up by Keir Starmer’s director of strategy, Deborah Mattinson, claimed the foreign secretary could dramatically improve Conservative fortunes.

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Labour to push energy price cap policy in campaign blitz

Party aims to get out message on plan to tackle cost of living before new Conservative PM enters No 10

Labour is planning a campaigning blitz in order to take ownership of its new energy price cap policy in case the next Tory leader bows to pressure and cancels the 80% rise expected in October.

Keir Starmer has vowed that his party “wouldn’t let people pay a penny more” on their gas and electricity bills this winter, proposing freezing the price cap at current levels and preventing the average household bill from reaching £3,600.

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Labour announces plan to freeze energy price cap with reinforced windfall tax

Keir Starmer says people won’t pay ‘a penny more’ and that plan would reduce inflation

Keir Starmer has put a beefed-up £8bn windfall tax on energy company profits at the heart of a new plan to stop people having to pay “a penny more” on fuel bills this winter.

The Labour leader confirmed that under his plan the energy price cap would be frozen at the current level, meaning that an expected 80% rise in October – taking an average household bill to about £3,600 – would not go ahead.

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With Keir Starmer on holiday, Labour treads water on cost of living

Analysis: Gordon Brown, Martin Lewis and Ed Davey are the voices being heard, as the opposition is left with the same policy as Sunak

Gordon Brown has thrown down the gauntlet with his plan to halt a winter energy crisis – but not just to the Tory leadership candidates. The call to revoke the energy price cap and consider nationalising energy firms will attract a lot of attention but fundamentally it is also a chance for Labour to choose to be radical. It is likely to compound calls from activists for the party to find a new sense of urgency.

In the middle of August, politicians can often afford to take long breaks away from Westminster to recharge – and sometimes get a valuable dose of perspective. But the extent to which politicians – including those in the Labour party – have gone missing this summer is particularly striking.

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Keir Starmer found to have breached MPs’ code of conduct over register of interests

Labour leader was late in declaring eight interests but watchdog called breaches ‘minor and/or inadvertent’

Keir Starmer has been found to have breached the MPs’ code of conduct by failing to register on time eight interests, including gifts from football teams and the sale of a plot of land.

An inquiry into the Labour leader was opened in June by the parliamentary standards commissioner, Kathryn Stone, relating to claims about late declaration of earnings and gifts, benefits or hospitality from UK sources.

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Labour party is ‘sticking two fingers up’ at working people, says Unite boss

Head of party’s biggest union donor warns members feel ‘crushed’ and may vote not to pay millions to Starmer

Labour is becoming “irrelevant to workers” and it is now hard to justify handing the party millions in funding, the head of the party’s biggest union donor has warned.

In an interview with the Observer, Sharon Graham, the general secretary of Unite, said she felt Labour’s leadership was, in effect, “sticking two fingers up” at workers with its response to strike action and its abandonment of pledges to renationalise public utilities.

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Keir Starmer urged not to abandon pledge to abolish House of Lords

Exclusive: Gordon Brown warns plans to flood upper chamber with dozens of Tory peers proves urgent need for reform

Keir Starmer has been urged not to abandon a key leadership pledge of abolishing the House of Lords, with Gordon Brown warning that plans to “gerrymander” parliament’s upper chamber by flooding it with dozens of Tory peers proved the need for drastic reform.

Alarm was raised by the former Labour prime minister over a proposal drawn up by a political lobbying group for Boris Johnson to appoint up to 50 new Conservatives to ram contentious legislation through given a series of embarrassing defeats by peers.

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