Britain’s energy industry risks “death by a thousand cuts” as tax raids, red tape and a constant “flip-flopping” on policy deter investment, the head of one of Britain’s biggest power producers has warned. Tom Glover, the UK boss of RWE, said Jeremy Hunt’s windfall tax and the lack of a clear growth strategy had put the company’s UK investment plans at risk. In an interview with The Telegraph, Mr Glover warned that £12bn of RWE’s original £15bn investment plans by … read more »
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