Belfast Telegraph

Labour energy freeze warning

Press Association

THE head of energy giant Scottish Power has warned a pledge by Labour to freeze tariffs could jeopardise billions of pounds-worth of investment and thousands of jobs. Keith Anderson, the Spanish-owned firm's chief corporate officer, said the policy would sow "doubts and fears" about whether to plough money into the sector as it faces costly modernisation programmes.

THE head of energy giant Scottish Power has warned a pledge by Labour to freeze tariffs could jeopardise billions of pounds-worth of investment and thousands of jobs. Keith Anderson, the Spanish-owned firm's chief corporate officer, said the policy would sow "doubts and fears" about whether to plough money into the sector as it faces costly modernisation programmes.

Belfast Telegraph

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