Labour energy freeze plan 'could bankrupt investors' - OECD

Investors could be put in financial danger if firms are forced to absorb wholesale price increases, said Angel Gurria, the organisation's secretary-general. Labour leader Ed Miliband has pledged to freeze energy bills for 20 months if his party wins the 2015 election, following public outcry after huge price rises. Labour said the "big six" energy firms have been overcharging people. Mr Gurria, head of the Organisation for Economic Co-operation and Development, said Labour's policy could damage business. "If you freeze the price of energy, and the international price of energy r...