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SSE boss 'agrees with Miliband' as it freezes energy prices

The boss of energy firm SSE has told ITV News he "agrees" with Labour leader Ed Miliband over freezing energy prices. He admitted the firm, which has pledged not to raise domestic bills until 2016, has lost several hundred thousands of customers.

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SSE halts investment in three wind farms

Energy firm SSE has announced it will be stopping its investment in the construction of three planned offshore wind farm developments.

SSE has announced it is stopping its investment in three proposed wind farms as part of cost-cutting measures. Credit: Gareth Fuller/PA Wire/Press Association Images

The move is part of a "streamlining" effort following the decision to freeze energy prices until January 2016, which the company said would hits its profits.

Explaining its decision, the company said there needed to be a "sustainable and lower cost supply chain" if the offshore sector is to prosper in the future.

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