Labour urged to double funding in publicly owned renewables

Cash injection in Great British Energy should be increased to £30bn, thinktank says after Keir Starmer U-turn

Keir Starmer is being urged to more than double Labour’s investment in publicly owned renewable energy to save consumers billions of pounds on their bills, despite the party drastically scaling back its plans last week.

In an intervention after the Labour leader scrapped the party’s £28bn green investment pledge in the most controversial U-turn of his leadership, the Common Wealth thinktank said a step-change in government backing for clean energy generation was still required.