business
Scottish Power Commits £24 Billion to UK Operations Over Next Decade
Scottish Power's chief executive said the company's £24 billion investment across UK operations will continue even if Greater Manchester Mayor Andy Burnham becomes prime minister. The timeline for the investment remains unchanged.
May 30, 1:49 PM·1m read2 sources
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Scottish Power plans to invest £24 billion across its UK operations regardless of whether Andy Burnham becomes prime minister. The energy company's chief executive stated the investment will go ahead even if the Greater Manchester mayor takes the top job. The boss of Scottish Power said the company is not worried about Burnham being an interventionist.
Scottish Power operates across the UK and the executive indicated the investment timeline remains unchanged. Andy Burnham has considered calling a snap general election if he becomes prime minister, according to The Sun. The Greater Manchester mayor has been described in media coverage as an interventionist.
The Times reported on the energy company's position regarding Burnham's potential leadership. The article examined whether the mayor's policy approach would affect Scottish Power's investment decisions.
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Investment at Risk from InterventionistStrong Confidence Irrespective of Leader
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CorroborationLimited · 2 sources
