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.

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

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, sparking speculation and repeated questions over where it would be located.

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.