Report: Burnham to announce government-backed body to invest in electricity grid

The Guardian — Politics has covered a development concerning “Report: Burnham to announce government-backed body to invest in electricity grid,” with the available account limited to the facts included in the supplied text.

Exclusive: Creation of GB Grid is expected to be major step towards putting Britain’s utility companies into public control Andy Burnham is expected to take his first major step to putting Britain’s utility companies into public control when, at the Labour conference, he announces a new government-backed body to invest in the electricity grid. The report also notes that The prime minister is expected to use his first speech as party leader to announce the creation of GB Grid, which is expected to use money previously allocated to Great British Energy to compete with privately owned companies such as National Grid.

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