SWALEC owner freezes prices

The price freeze will last until January 2016. Credit: Andrew Milligan/PA Wire

The owner of SWALEC, SSE, is to freeze household gas and electricity prices.

The group is also carrying out a "legal separation" of its wholesale arm - which includes energy production and storage - from its retail division which sells energy to homes and businesses.

The announcements come as SSE says it's shedding 500 jobs as part of a cost-cutting programme.