Government-backed body to compete with private firms is the polite framing. Real question: why utilities are competing at all. A currency issuer can provision the grid as public infrastructure without bidding against the private sector.
#MMT #Economics #UKPolitics
theguardian.com
Burnham promises to roll back privatisation with government-backed grid plan | Andy Burnham | The Guardian
Exclusive: Creation of GB Grid will be major step towards putting Britain’s utility companies into public control