25th Sep 2013 06:59
LONDON (Alliance News) - Ed Miliband is facing a backlash from energy firms after saying they would not be able to raise prices for the first 20 months of a Labour government, the BBC reports Wednesday.
His pledge to freeze UK bills if Labour wins the 2015 general election has been welcomed by consumer groups angry at price rises over the past five years, but the "big six" suppliers warned a freeze could have serious consequences, the BBC said on its website.
Energy Watch, the trade body representing the six largest energy firms, has described the price freeze as "superficially attractive" but suggested it could bring a halt to future infrastructure projects, the BBC reported.
http://www.bbc.co.uk/news/uk-politics-24235688
By Steve McGrath; [email protected]; @SteveMcGrath1
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