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.
The boss of energy firm SSE announced the company would be freezing prices today, saying he agrees with Ed Miliband, after losing several hundred thousands of customers.
The move prompted an argument inside the House of Commons as Ed Miliband and David Cameron each claimed credit for the move. Other companies are expected to follow, as Business Editor Joel Hills reports.
Last September SSE came out against Labour's plans for an energy price freeze, but today the CEO seemed to forget these previous views.
SSE's decision to freeze energy bills is about protecting its shareholders as well as dealing with customers' concerns about rising prices.