SSE boss says windfall tax may hinder progress on UK energy independence

Alistair Phillips-Davies pledges 24bn of investment as his company reports 15% rise in profits

The chief executive of the energy supplier SSE has said a windfall tax could damage Britain's progress on building up domestic sources of electricity and gas as he pledged 24bn of investment.

Alistair Phillips-Davies has said a proposed one-off levy on energy companies could hinder work to build windfarms and other sources of domestic supplies.