‘Jeremy Corbyn has pledged to renationalise the ‘big six’ energy firms if he is elected as Labour’s new leader next month.
The veteran left-wing MP, who has taken the Labour leadership contest by storm after starting as rank outsider, said a Labour government under his leadership would start buying shares in each of the six companies until it owned a controlling stake in each of them.
It would mean British Gas, SSE, Eon, RWE, Npower, Scottish Power and EDF would all be nationalised if Mr Corbyn became Prime Minister in 2020. He said he would also nationalise National Grid.’
Read more: Labour leadership: Jeremy Corbyn pledges to renationalise the Big Six energy firms
