GB Energy, the government’s clean energy firm, will be based in Aberdeen in a boost for the Scottish city that has fallen on tougher times as the North Sea oil and gas basin declines. UK Prime Minister Sir Keir Starmer made the much-anticipated announcement during his speech to the annual Labour party conference on Tuesday.

Prime Minister says the future of British energy 'will be power, as it has been for decades' by the Granite City.

Sir Keir Starmer has confirmed that Aberdeen will be home to the new GB Energy company, a state-owned investor in green projects. The Prime Minister made the announcement at the Labour party conference in Liverpool.

Britain's new state-backed power company GB Energy will be headquartered in Aberdeen, Scotland's third largest city, Prime Minister Keir Starmer said on Tuesday. GB Energy is a flagship policy of the Labour government that was elected in July.

The announcement comes following months of calls from north-east politicians and business leaders to bring the firm to the Granite City and capitalise on the city's potential.

Keir Starmer has finally confirmed that GB Energy will be based in Aberdeen - weeks after the government denied reports. Before the election, Labour vowed to set up a publicly-owned power player somewhere in Scotland.

GB Energy will be headquartered in Aberdeen, Sir Keir Starmer has said. Sir Keir and Labour had promised in the lead-up to the election that GB Energy which he has described as an "investment vehicle" would have its headquarters north of the border,