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Nationalised energy company could return £140bn to the public purse, TUC analysis finds
A ship passes wind turbines at RWE's Gwynt y Mor, the world's 2nd largest offshore wind farm located eight miles offshore in Liverpool Bay, off the coast of North Wales, July 26, 2022
NATIONALISED energy firms could make a whopping £140 billion for the British economy by 2040, according to a TUC analysis published today.
The union body argued investment in a publicly owned clean power company could generate £3 for every £1 put in, or £5,000 per household.
The strategy would lower record-high gas and electricity bills, make the country richer, create good clean jobs and cut carbon emissions, it said.
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