Nationalised energy could save UK households up to £4,400, TUC says

Exclusive: Analysis shows government could use profits from public energy firm to cut bills and insulate homes

British households will each miss out on up to £4,400 over the next two years because the UK does not have a nationalised energy generation company, the Trades Union Congress has said.

The UK’s main trade union body is calling on the government to set up a “public energy champion” that could own low-carbon energy projects from wind and solar to tidal and nuclear power.

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