00:00The problem with British Steel is high energy costs, and that's what Labour needs to sort out.
00:06Nationalisation just means politicians running businesses.
00:09Our industrial energy costs are four times what they are in the US.
00:13It's making industry unviable in this country.
00:16We are de-industrialising, and what I want to see is Labour bringing down energy costs.
00:21That's what I'm doing.
00:22That's why I'm here in Aberdeen talking about drilling our own oil and gas in the North Sea
00:27that would allow us to be able to heat 1.4 million homes.
00:31It would provide gas to so many businesses and really help in providing more supply.
00:37That's what Labour should be doing.
00:39Nationalisation just means that the taxpayer is picking up even more bills on behalf of Labour.
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