those bills from great british energy-— able to buy those bills from great british energy. typhoon gaemi is moving towards southern china after pummelling taiwan and the philippines with torrential rain and strong winds. the authorities in mainland china have issued this year's first red alert for parts of the southeastern coast. the storm hit taiwan on wednesday, killing three people and forcing thousands to evacuate. officials said a cargo ship with nine burmese nationals on board had sunk off with no response from the crew. our correspondent rupert wingfield hayes is in the taiwanese capital, taipei. it is still raining here in taipei and many businesses, schools, offices are still closed today. flights are still grounded for most domestic flights in taiwan, but the storm has now passed and life here in the capital is, as you can see, starting to get back to normal. the same cannot be said for other parts of taiwan, particularly the east and the very south of the island. there we have now got data for how much rainfall there has been over the last 12 to 18 hours. and the

this new partnership, the great british energy. — partnership, the great british energy, the crown estate estate, will unleash a tidal wave of public and private _ unleash a tidal wave of public and private investment to drive a low carbon _ private investment to drive a low carbon transition, create good secure — carbon transition, create good secure jobs and supply chains across britain _ secure jobs and supply chains across britain this — secure jobs and supply chains across britain. this will fast track energy projects. — britain. this will fast track energy projects, already in the pipeline and make — projects, already in the pipeline and make the uk a world leader in the clean — and make the uk a world leader in the clean technologies of the future — the clean technologies of the future. we owe that to the next generation. in going to be, i met apprentices working on offshore wind, _ apprentices working on offshore wind, highly skilled young people, proud _ wind, highly skilled young people, proud of— wind, highly skilled young people, proud of the jobs that they were doing _ proud

, a public owned british— british energy, a public owned british government, make money for the today. _ boot of our throats once and for all. today. i— boot of our throats once and for all. today, lam boot of our throats once and for all. today, i am delighted to announce _ all. today, i am delighted to announce our new chair of great british— announce our new chair of great british energy. thank you so much to take on— british energy. thank you so much to take on us— british energy. thank you so much to take on us this really important role, _ take on us this really important role, he — take on us this really important role, he brings his credibility as a former— role, he brings his credibility as a former chief elective of c minor uk. i visited _ former chief elective of c minor uk. i visited siemens. i know that you're — i visited siemens. i know that you're going to bring that experience to lead the success of gb energy— experience to lead the success of gb energy and _ experience to lead the success of gb energy and of course

that's going to take a lot of money and that means great british energy needs to bring as much capital to unblock some of the issues that are faced. renewable energy roll—out in the country. so, for example, uh, grid connections taking up to ten years, the roll—out of new technologies like hydrogen, carbon capture and storage, tidal, uh, nuclear. so what this is really all about is trying to bring more money to try and solve the problems. starting today nashville tennessee hosts one of the biggest events in the cryptocurrency industry the 202a bitcoin conference. the event culminates with a keynote speech on saturday from none other than republican nominee and former president donald trump. he's running as the "pro crypto" candidate — and hauling in digital donations. but he wasn't always the staunch supporter he is today. erin delmore has the story. "not money, volatile, based on thin air." that's how donald trump used to talk about the world's leading cryptocurrency. he called bitcoin a scam. but now trump is running as the pro—crypto candidate for president, calling for domestic bit

that's going to take a lot of money and that means great british energy needs to bring as much capitale issues that are faced. renewable energy roll—out in the country. so, for example, uh, grid connections taking up to ten years, the roll—out of new technologies like hydrogen, carbon capture and storage, tidal, nuclear. so what this is really all about is trying to bring more money to try and solve the problems. just time to tell you shares of... shares of gucci owner kering have fallen sharply after the french luxury goods group reported a worse than expected drop in sales for the three months tojune and warned the rest of the year will be tough. luxury brands are struggling with a slump in the key chinese market and a cost of living crisis around the world. that's seen a quarter of a trillion dollars wiped off europe's top designer goods firms since march. that is business today. see you soon. goodbye. welcome to bbc news. this is a verified live. heavy rains are hamepring search operations after devastating landslides in a remote part of southern ethiopia have been hampered by heav

the prime minister will unveil the plans to set up great british energy this morning. are you ready for britain to become a clean energy superpower ? superpower? >> and biden bows out overnight. the us president, joe biden, made his first public address since quitting the presidential race, admitting he might just be too old for the job after all. >> so i've decided the best way forward is to pass the torch to a new generation and the tory leadership race begins. >> tom tugendhat throws his hat into the ring to replace rishi sunak , vowing crucially to leave sunak, vowing crucially to leave the echr >> i am prepared to make any decision that will keep the british people safe and a royal rift. >> prince harry reveals the motivation behind his crusade against the tabloids. take a listen. >> still today, the press, the tabloid press very much enjoy painting her as being paranoid , painting her as being paranoid, but she wasn't paranoid . but she wasn't paranoid. >> so this story just keeps moving on and moving on. the manchester airport incident yesterday involving the arm

the government also confirm that great british energy will put 8.3 billion of public funding over the this parliament into projects such as wind, solar , tidal, wave energy wind, solar, tidal, wave energy as well as battery storage, carbon capture and hydrogen development. you know , folks, development. you know, folks, i've been hearing some of this stuff for 25 years. i was told in 2000, in the european parliament, just you wait, nigel. battery storage for electricity. it's all going to be sorted. it hasn't been. i've been told that hydrogen could be the miracle. i hope it is . but the miracle. i hope it is. but at the moment we're absolutely nowhere near it. and i do just wonder whether what we ought to call it is not renewable energy, but intermittent energy, because isn't that at the heart of the problem, that it's intermittent energy? you can't store it effectively, and it's been damned expensive so far. well, joining me down the line to debate whether gb energy is going to be a huge success or a disaster is doctor paul dorfman, associate fellow, science policy research unit at

great british energy is the product of a manifesto promise to bring forward a state—owned company to liver secure and affordable clean energy. now there's to be a major collaboration with the crown estate which controls much of the inshore seabed around the uk and a major portfolio of land. the crown estate estimates this partnership will lead to 20 to 30 gigawatts of new offshore wind developments reaching seabed lease stage by 2030, enough power for the equivalent of almost 20 million homes. live now to chris wheaton, managing director, 0iland gas at stifel financial. thank you very much forjoining us. explain to us what gb energy is. it us. explain to us what gb energy is-_ us. explain to us what gb ener: is. , ., , ., , ., energy is. it is ambitious and that is a great _ energy is. it is ambitious and that is a great place - energy is. it is ambitious and that is a great place to - energy is. it is ambitious and that is a great place to start. that is a great place to start because the uk has amazing renewable energy capacity and needs to make that work for the nation. a key polit

in the first. >> well, let's have one huge monopoly. >> but isn't the point about great great british energywn our own energy resources, that the government will own it, not you. >> oh, we are the government, the government are us. >> i tell you, that is the biggest lie that politicians will tell you. mark, that is not true at all. the point of the matter is our taxpayer money is being completely wasted by the government, and they are wasting it on cheap green energy . it on cheap green energy. >> okay, alex. still here? what do you think? >> still here? i mean, there are two women. >> alex, >> alex, >> i don't stand a chance. laboun >> labour are gambling, aren't they? yes, on renewables. but if they? yes, on renewables. but if the gamble pays off, then ed miliband, rachel reeves and keir starmer will become total heroes in ten years time. >> well, look, it looks great on a portfolio mark. this looks. this all looks good. i like the creating jobs and all of that. but the ladies are right. you shouldn't profit. or as liz said you shouldn't profit over someone having a glass of water or maybe

the government also confirm that great british energy will put 8.3 billion of public funding over the this parliament into projects such as wind, solar , tidal, wave energy wind, solar, tidal, wave energy as well as battery storage, carbon capture and hydrogen development. you know , folks, development. you know, folks, i've been hearing some of this stuff for 25 years. i was told in 2000, in the european parliament, just you wait, nigel. battery storage for electricity. it's all going to be sorted. it hasn't been. i've been told that hydrogen could be the miracle. i hope it is . but the miracle. i hope it is. but at the moment we're absolutely nowhere near it. and i do just wonder whether what we ought to call it is not renewable energy, but intermittent energy, because isn't that at the heart of the problem, that it's intermittent energy? you can't store it effectively, and it's been damned expensive so far. well, joining me down the line to debate whether gb energy is going to be a huge success or a disaster is doctor paul dorfman, associate fellow, science policy research unit at

now, gb energy — great british energy — is one of the most important tools in the box to help us do that that clean power to get us off our dependence on fossil fuels, create good jobs and, frankly, generate wealth for the country. fraser stewart works for the independent, not—for—profit energy research organisation regen, where he leads work on making the transition to net zero work for communities. thank you for being with us. we were hearing in the report the government is committing 8.3 billion to this idea. but actually, 60 billion is needed from private investment and there are questions around whether that money is going to be readily available. what is your view on that? so available. what is your view on that? ~ ., ., , ., that? so we know that in terms of the scale of _ that? so we know that in terms of the scale of the _ that? so we know that in terms of the scale of the transition, - that? so we know that in terms of the scale of the transition, we - the scale of the transition, we absolutely need significant amounts of private sector investment to get us over the line, parti

government is putting a little more meat on the bones of their election pledge to create great british energyyears ago, there are still questions about how it will all work. it will be a publicly owned energy company, effectively a big investment pot, pushing money, expertise and sorting collaboration in lots of different types of energy projects, speeding up big onshore and offshore wind projects and putting money into other areas like nuclear, developing newer technology and supporting small—scale community schemes. crucially, it's not an energy company that will supply power to houses. you will never be getting a bill from gb energy. the work this company are doing is happening much earlier in the process than that. so what's happening today? the government has pledged £8.3 billion of public funding for the company to make all of that happen. and it's officially introducing the bill in parliament to set up the company. the prime minister, sir keir starmer. applause. today's announcement focused on how this move will bring energy security. a publicly owned energy company making money for th

government is putting a little more meat on the bones of their election pledge to create great british energy. instead, the goal is to change the way energy is made and who owns those resources. the government is committed to spending £8.3 billion of public money, investing in wind power on land and at sea, new technologies, like carbon capture, nuclear power, and community schemes on a small scale, or for local communities to benefit from big projects near them. they hope that will be matched by £60 billion of private company investment. but there's no guarantee that will happen. so will it work? i think gb energy is fixing a different problem, which is more about who owns the assets, rather than whether or not they get built. it's a government priority to say that the gb state owns some of it, which doesn't necessarily fix the issue, which is making it investable, is a bigger issue for hitting our targets. we need to have the certainty of revenues for investors to say, "yes, i will put my money down." because with a renewable project, most of the capital injection is up front. you need to s

however, if british energy.er, if you're going to create a public sector company, it must be because you want to skew the market. it must be because you want to use taxpayer funds to do something that the market wouldn't otherwise do. by the way, the energy situation is already completely full of interferences with the market. is it really sensible to risk taxpayers money in that way ? taxpayers money in that way? >> well, i don't know if at risk taxpayers money. i mean, i think there are a number of issues here. one is having an energy strategy and being clear where we want to be in ten years time, which hasn't been the case recently. it's also about making sure that there's a strategy to get bills down. and i happen to think that renewable energy being very cheap relative to nuclear, for example, or to fossil fuels, well, actually, in the end produce cheaper bills. i also think in terms of climate change moving towards energy efficiency, which you don't talk about very much, and renewable energy will actually

great british energy is the product of a manifesto promise to bring forward a state—owned company to the crown estate which controls much of the inshore seabed around the uk and a major portfolio of land. the crown estate estimates this partnership will lead to 20 to 30 gigawatts of new offshore wind developments reaching seabed lease stage by 2030, enough power for the equivalent of almost 20 million homes.

miliband, along with the prime minister, announcing the details of his new state owned great british energy company. >> it will build more wind farms on the crown estate. labour claims it will bring down energy bills for good. but will it .7 bills for good. but will it.7 >> and a mega prison near you. the government is considering converting raf wethersfield, currently being used to house migrants into a mega prison , migrants into a mega prison, necessary prison space or a blight for the local . blight for the local. community. >> now, these protests in rochdale should concern us all. clearly, there is a huge amount of community tension . last night of community tension. last night could have been just the beginning. we've got our eyes and our ears to the ground in rochdale today. >> yes, it does appear as though, as it stands, there will be more protests tonight. it does seem to be kicking off this, of course, outside rochdale police station. we're here. one of the men who was involved in the incident in manchester airport is a rochdale resident, and that's why it's kicked off there . tha

a bill will be introduced to set up great british energy, a publicly owned clean power company headquartered in scotland, which will help accelerate investment in renewable energy such as offshore wind. legislation will be brought forward to help the country achieve energy independence and unlock investment in energy infrastructure. a bill will be introduced to support sustainable aviation fuel production. my government recognizes the need to improve water quality and a bill will be introduced to strengthen the powers of the water regulator. my government will seek to strengthen the border and make streets safer. a bill will be introduced to modernize the asylum and immigration system, establishing a new border security command and delivering enhanced counter terror powers to tackle organized immigration crime. legislation will be brought forward to strengthen community policing, give the police greater powers to deal with anti social behavior and strengthen support for victims. measures will be introduced to improve the safety and security of public venues and help keep the british public s

i was a great british energy is a good start. what it is, and we know we are the capitalfor oil and know what it is, and we know we are the capital for oil and gas for half of century. the best decisions are taken closer... of century. the best decisions are taken closer. . ._ of century. the best decisions are taken closer... every time we talk to someone _ taken closer... every time we talk to someone from _ taken closer... every time we talk to someone from every _ taken closer... every time we talk to someone from every team, - taken closer... every time we talk| to someone from every team, they make the case for the headquarters. we're grateful for the time. bbc research has found it would take the national health service eight years to see all the adults waiting for an assessment for the condition adhd. nearly 200,000 people are awaiting a diagnosis, let's speak to charley dwyer, one of those people trying to get an adhd assessment. welcome to the programme, charley. just rewind, tell me in terms of suffering from adhd, whe

the government say great british energy will invest in green tech and energy bills will come down in not in a few months, a few years. it needs to be done now. king charles: and enhance employment rights... - back at the factory, there's changes on the way for staff. and it's causing a headache for those in charge of this small business. to have someone, you know, - appear through the door on day one and them end up with exactly- the same rights as someone who's been here for 30 years, j i find that a bit difficult. but it is very, very difficult to be a small business employing - people on a fair basis. i won't even be able to get a deposit for my house... with so many struggling to pay the big bills in life, today's speech doesn't feel like the immediate boost many had hoped for. colletta smith, bbc news, in bolton. on transport — the government is planning to renationalise nearly all passenger rail services, when existing contracts expire. there are plans for new rail infrastructure in northern england. meanwhile, local authorities in england will be able to run the buses in their

>> yes, i'm really pleased that great british energy will be owned by and for the british people investingy systems of the future, that means cheaper bills. renewables are cheaper. it means security. so putin can't put his boot on our throat and it means the next generation of jobs for years to come . come. >> thank you, bishop, and thank you very much, mr speaker. >> the prime minister has achieved something that we did not think would be possible in such a short period of time. in less than three weeks. he has had a significant rebellion, and he has suspended seven of his members of parliament, for all standing up for child poverty. this from a labour government. the headlines are awful for the prime minister this morning. poverty campaigners are furious with the prime minister. is his honeymoon over before it's even begun ? and you and me , having begun? and you and me, having left for the election campaign with quite a significant number of snp members and come back with a small handful, i really don't think lectures on what the electorate in scotland are thinking. >> if you look at ou

so there's going going to be a new investment vehicle really about it's called great british energy and also those changes with the right away. so those old really important domestic tons of when it comes to foreign policy, he said he wants to reset the relations with the european union. and we'll see this more flashed out when he's going to meet the european union. the lead us tomorrow he and the okay, what would you say are the biggest challenges facing the new prime minister? it really big one for me is building trust, rebuilding trust with british vases really. that's at an all time low. but also there are really very concrete expectations of the british public. one big one i think is about the health system. britain. there's one of the richest countries in the world, and yet people cannot see a specialist. so they waiting for months even for years, until they can see somebody who can help them with the condition. so there is an end patients for the new government to really now deliver and, and, and get public services back on track. do you have these big and most with the legs from

in the first. >> well, let's have one huge monopoly. >> but isn't the point about great great british energyces, that the government will own it, not you. >> oh, we are the government, the government are us. >> i tell you, that is the biggest lie that politicians will tell you. mark, that is not true at all. the point of the matter is our taxpayer money is being completely wasted by the government, and they are wasting it on cheap green energy . it on cheap green energy. >> okay, alex. still here? what do you think? >> still here? i mean, there are two women. >> alex, >> alex, >> i don't stand a chance. laboun >> labour are gambling, aren't they? yes, on renewables. but if they? yes, on renewables. but if the gamble pays off, then ed miliband, rachel reeves and keir starmer will become total heroes in ten years time. >> well, look, it looks great on a portfolio mark. this looks. this all looks good. i like the creating jobs and all of that. but the ladies are right. you shouldn't profit. or as liz said you shouldn't profit over someone having a glass of water or maybe heating their home on a

meantime, the labour government established the great british energy to boost independence.clays argues that the uk can become the hub by boosting the public and private capital available to the investors. let's get deeper into the topic with daniel from barclays. daniel, thank you so much for your time. what is the current public and private funding gap you are talking about? do you have a number? >> carolin, i think what we see when we speak to entrepreneurs and founders and growing clean tech companies is the company between the early stage and really developed stage. there's a lot of capital and a lot of dry powder. at the venture capital stage, it has grown four-fold. the scale up which is too big for venture capital, but not where the capital wants to deploy, that is missing and one of the key parts we honed in on the report we published this week which set out four steps the uk government to take to close it. >> okay. let's go through these steps one by one. before we do that, i have a quick question here on the vc funding. climate tech had been hot the last couple of

the government say great british energy will invest in green tech and energy bills will come down inw, not in a few months, a few years. i it needs to be done now. and enhance employment rights... back at the factory, there's changes on the way for staff. to have someone, you know, appear through the door on day one and then end up with exactly the same rights as someone who's been there for 30 years. but it is very, very difficult to be a small business employing people on a fair basis. i won't even be able to get a deposit for my house... i with so many struggling to pay the big bills in life, today's speech doesn't feel like the immediate boost many had hoped for. colletta smith, bbc news, in bolton. on transport, the government is planning to re—nationalise nearly all passenger rail services when existing contracts expire, and local councils and authorities will be offered the responsibility of running busses in their area. there are also plans to bring new rail infrastructure to northern england. here's our transport correspondent katy austin. the king's speech included laws whi

aim is to build offshore wind farms in england and wales under the publicly owned company great british energyh sam peacock managing director of corporate strategy, government and regulatory affairs at the energy company sse. working alongside private sector companies like sse, this will deliver lots of infrastructure. they have started by talking about a bit on offshore wind. we are keen to work with another partner under living these technologies as fast as possible, they have given at about £8 million, which isn't a lot. sse is spending 20 billion over that period, but they have been keen to stress that they are looking to spend more on capitalising it. —— 8 million. spend more on capitalising it. -- 8 million. ., . ., ., , . million. how much of a difference will be announcement _ million. how much of a difference will be announcement to - million. how much of a difference will be announcement to make i million. how much of a difference will be announcement to make it| million. how much of a difference| will be announcement to make it a day? will be announcement to make it a da ? ~ ., ., w

he is now in charge of great british energy, which , according british energy, which, according to a secretary to the treasury darren jones, will cost hundreds of billions of pounds. >> we're still absolutely committed to it. it's still one of the top five priorities, and it's going to be a huge amount of effort to get there. we'll have to move quite quickly, but a lot of the coverage of the news was about that specific 28, which, because journalists like alex made it sound as if we basically junked the whole thing, but we don't have because some people say that like 28 million isn't enough. no. it's tiny. i've got people who work hundreds of billions of pounds. we need more great starmer will realise very quickly that everything in britain is now his problem, including his own cabinet. >> let's get the thoughts of my panel now. we are joined by former bbc and itv chief political correspondent. it's john sergeant. we do also have apprentice starjoana john sergeant. we do also have apprentice star joana jarjue john sergeant. we do also have apprentice starjoana jarjue and former conse

great british energy, right? great british energy. there isn't a plan for great british energy.y're saying that we're going to invest eight point. well, there is a plan for great energy. they're saying that we're going to invest something like 8.6 i think billion pounds. it is. we're not being clear on whether or not that's buying existing green energy stock , which would not energy stock, which would not add at all, >> my understanding is for new green energy investment. >> here's the thing. here's the thing, matthew said. it's a complicated area. the one person it shouldn't be complicated to is the minister for because if so, we are doomed. and again, this is so fundamental not only to our cost of living, but to our national security. if we are held to ransom by bad players like we were russia, we are doomed . they've got to have doomed. they've got to have a very clear plan for two reasons one, all the social and security reasons , but two, so that we can reasons, but two, so that we can develop it properly. this will cost our country a great deal of money. if we don't do it

or quangos and we had quite a few under the last government and now we have morphed with great british energyor expertise within government departments to do this work? this expertise within government departments to do this work? as with all quangos. — departments to do this work? as with all quangos. some — departments to do this work? as with all quangos, some of— departments to do this work? as with all quangos, some of them _ departments to do this work? as with all quangos, some of them are i all quangos, some of them are necessary, so you could argue with great british energy if there is to be this massive government push for clean wind power and government heft as a means to attract lots of private money into that than having this flagship semi company does make sense but other quangos arguably make less sense. this latest kind of common sense, making sure value for money quango, i mean, the proof will be in the pudding but there is a very strong argument that it just covers what the obr and each retreat themselves and the ministers to should also be doing. but this is the time of gov

government is putting a little more meat on the bones of their election pledge to create great british energyow it will all work. it will be a publicly owned energy company, effectively a big investment pot, pushing money, expertise and sorting collaboration in lots of different types of energy projects, speeding up big on— and offshore wind projects and putting money into other areas like nuclear, developing newer technology and supporting small—scale community schemes. crucially, it's not an energy company that will supply power to houses. you will never be getting a bill from gb energy. the work this company are doing is happening much earlier in the process than that. so what's happening today? the government has pledged £8.3 billion of public funding for the company to make all of that happen. and it's officially introducing the bill in parliament to set up the company. the prime minister, sir keir starmer. applause. today's announcement focused on how this move will bring energy security. a publicly owned energy company making money for the taxpayer, creating the next generation of good

the government say great british energy will invest in green tech and energy bills will come down in factory, there's changes on the way for staff. and it's causing a headache for those in charge of this small business. to have someone, you know, - appear through the door on day one and them end up with exactly- the same rights as someone who's been here for 30 years, j i find that a bit difficult. but it is very, very difficult to be a small business employing i people on a fair basis. i won't even be able to get a deposit for my house... with so many struggling to pay the big bills in life, today's speech doesn't feel like the immediate boost many had hoped for. colletta smith, bbc news, in bolton. several hard—fought campaigns have been recognised by the new government. martyn's law — named after manchester bombing victim martyn hett — would require venues to have stronger anti—terror plans. and a hillsborough law would introduce a legal duty of candour for public servants, honouring a decades—long campaign from the families of those who died in the disaster. lauren moss has the d

if successful, the initiative would eventually see —— it comes as great british energy, the publicly mpany at the heart of the plans, is officially introduced in parliament later. our cost of living correspondent colletta smith reports. the price, the source and the future of energy in the uk are hot topics. so now the government is putting a little more meat on the bones of their election pledge to create great british energy. the company won't supply any power to households. instead, the goal is to change the way energy is made and who owns those resources. the government is committed to spending £8.3 billion of public money, investing in wind power on land and at sea. new technologies, like carbon capture, nuclear power and community schemes on a small scale, or for local communities to benefit from big projects near them. they hope that will be matched by £60 billion of private company investment. but there's no guarantee that will happen. so will it work? i think gb energy is fixing a different problem, which is more about who owns the assets rather than whether or not they get b

and great british energy is going to be a publicly owned institution based in scotland. ll own, manage and operate green energy. so if you look around the world right now, there are countries in a race for who is going to provide the jobs of the future. and we know whether it's hydrogen, whether it's, solar, whether it's wind, whether it's floating offshore wind, all these new green energies are going to provide jobs for the countries that get this right. so provide jobs for the countries that get this right . so great that get this right. so great british energy is about getting this right and about putting the right jobs and the right infrastructure across the country so that we can have that energy security. so we don't have to rely on putin anymore, have to rely on putin anymore, have the jobs in the areas where we've seen deindustrialisation in the past, and we need really good, well—paid jobs and have a system where we are not going to have that huge up and down of energy costs that we saw over the last couple of years, because we'll have home grown energy. it's rea

british energy is, will be a state owned, non nationalised non—monopoly , 8.3 billion non—monopoly, 8.3sed by, tougher north sea oil and gas profits , it'll be basically profits, it'll be basically joint investment, with the pubuc joint investment, with the public sector and this model has worked quite well in germany . worked quite well in germany. so, so far it's looking quite good. >> well, there could be about 100,000 plus jobs lost in north sea. all of this might take a long time to implement to build new nuclear stations. this doesn't happen overnight. and the big question that people really care about will my bills get any cheaper? now they say £300 by the end of the parliament, but there's no proof that that's going to happen . that that's going to happen. >> the scale of the investment neededis >> the scale of the investment needed is massive, so basically gb energy should focus on, on, on what we know will work, which is value for money offshore wind, solar, onshore wind, geothermal, tidal , hydrogen geothermal, tidal, hydrogen insulation, energy efficiency. the problem is of

sir keir says great british energy will bring down energy bills for good.. fuel poverty coalition simon, thanks for joining us. fuel poverty coalition simon, thanks forjoining us. thanks for your patience. we had to go to kamala harris earlier on. so cheap energy for everybody. what's not to like? but is this the answer ? the answer? >> well, there's certainly a lot to welcome in gb energy in terms of the move towards more renewables that will bring down energy bills in the long run. there's also some really important stuff in there about community energy. the more we can generate energy close to communities, with their consent, then the cheaper it's going to be, the less pipes we're going to need and wires to carry it around the place. so there is a lot of really interesting stuff in the proposals. however there are some concerns that we still feel the government needs to address. firstly, we need to be get a guarantee that the energy thatis get a guarantee that the energy that is generated by these offshore plans is going to be passed through to consumers

energy promises to unlock? yes, and i am really pleased great british i i am really pleased great british energy will be owned byme _ jobs for years to come. thank you very much. the prime minister i jobs for years to come. thank you | very much. the prime minister has achieved something we didn't think would be possible in such a short period of time. in less than three weeks, he has had a significant rebellion and he has suspended seven of his members of parliament or for standing upfor of his members of parliament or for standing up for child poverty. this, from a labour government. the headlines are awfulfor from a labour government. the headlines are awful for the prime minister this morning. poverty campaigners are furious with the prime minister. his —— is his honeymoon over before it has even begun? honeymoon over before it has even beuun? ., . ., begun? having left the election cam aiun begun? having left the election campaign with _ begun? having left the election campaign with quite _ begun? having left the election campaign with quite a - begun? having left the election | campaign with quite a signif

into the nhs, dealing with issues like the doctor stride, investing in education, trying to get british energyonflict in gaza and ukraine. how easy will it be especially the nhs, a big issue to tackle? indeed. starmer during the campaign has insisted he will not tackle that issue either by increasing the debt even further through increasing borrowing or taxation but there is a commitment to limited research constraints to invest more in public service. professor, we saw the kind of made for tv walk of the new covenant walking into number 10 and rachel reeves will be the first female chancellor and she will be dealing with an economy that is not firing on all cylinders? yes. we now have had three female prime minister but is the first female chancellor of the exchequer. this is a nice moment from a feminist perspective but she will come in facing serious economic constraints. slow growth since 2008 but certainly since the last covid—19 economic downturn which is constrained her room from manoeuvring in terms of budget and investment but the labour party is determined to get britain going again

, a publicly— set up great british energy, a publicly owned clean power company, headquartered in scotlandstment in renewable energy, such as offshore wind~ _ renewable energy, such as offshore wind. ., ,., renewable energy, such as offshore wind. ., , ., ., renewable energy, such as offshore wind. ., ., ., , ., wind. labour won some conservative held seats at — wind. labour won some conservative held seats at the _ wind. labour won some conservative held seats at the election _ wind. labour won some conservative held seats at the election that - wind. labour won some conservative held seats at the election that had i held seats at the election that had eluded even tony blair. they were measures here to please traditional supporters as well, renationalising railway companies and about laws on workers' rights. mr; railway companies and about laws on workers' righte— workers' rights. my government will le . islate to workers' rights. my government will legislate to introduce _ workers' rights. my government will legislate to introduce a _ workers' rights. my government will legislate to intr

offshore wind farms in england and wales, in partnership with a new publicly owned company, great british energye details. offshore turbines like these generated 13% of all uk electricity last year, and the government wants thousands more and is earmarking £8.3 billion to create a state—owned energy company to help achieve that. the prime minister announced that gb energy will team up with the crown estate, which owns thousands of square miles of sea bed, to speed up offshore and onshore wind projects. keir starmer said that would reduce uk reliance on volatile fossil fuels and cut customer bills. it will push bills down, and that's the sort of number—one issue behind renewables — bills will go down, and not for a short time, but actually permanently, and for every family and every business across the country, that is hugely important. labour has also vowed to veto any new oil and gas licences and hike taxes on the industry, which some fear will cost existing jobs. there are around 200,000 jobs supported by the oil and gas industry right across the uk, and it's really important for those people,

they want to also they, they want to set up a, a public key and energy company called great british energy to try to pull back and as well. so they've got big plans, but they really don't have much money and much leeway with, with how they going to do that and how they're going to tackle some of those major issues. yeah, health care, of course, was, was at the top of voters minds. we saw it falls as they were going out to vote. i'm want to talk to about another key moment we saw in the results from this election. when for the populist right wing leader nigel for raj and he's, he's claiming to kick started a quote, a revolt against the establishment. do you think he's going to be a thorn in the side of the new government? you? my son is going to be a phone in the side of conservatives, and he says that he now wants to take on labor. so that will be the new government . it's interesting with no idea for us. this is his 8th attempt at trying to become an em pay. he's finally succeeded. he and his new policy did very well. i'm getting a lot of folks, but because of a natural system in the u. k