Corbyn to reveal Labour plans to nationalise UK’s energy network
Critics say it would be at huge cost to taxpayer and delay shift towards renewable energy
Jeremy Corbyn will outline plans to nationalise Britain’s energy network in a move that would transfer companies to public ownership soon after a Labour election win.
The Labour leader is expected to say on Thursday that the UK’s £60bn energy infrastructure – the pipes and cables that supply homes and businesses with gas and electricity – would be taken back into state control at a price to be determined by parliament.