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GB energy could fund services ‘one day’, says Sarwar
Scottish Labour leader Anas Sarwar speaking during the party's General Election manifesto launch at Murrayfield in Edinburgh, June 18, 2024

GB ENERGY might deliver funding for cash-starved public services one day, Anas Sarwar has claimed.

In a visit to Harland and Wolff’s steel fabrication yard in Methil, Fife, alongside shadow Scottish secretary Ian Murray, the leader of Scottish Labour said such sites stand to benefit from millions in state investment through the new energy company Labour has pledged to found and back with £8.3 billion in finance over the next parliament.

“There is huge potential in this site, for example, to ramp up that supply chain and that infrastructure, just like there is in other parts of the country as well,” Mr Sarwar said.

Mr Sarwar came under fire last month for claiming GB Energy would generate power, in apparent contrast to Labour Party leader Sir Keir Starmer’s vision of it as a green investment vehicle for the private sector.

Once again hinting at that difference in approach, Mr Sarwar continued: “One day why not look to what other models are in other parts of the world?

“Where they’re actually using those investments to actually fund their local services, these are all models we’re looking at with GB Energy.”

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