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Insider UK
Insider UK
Business
John Glover

Ovo Energy CEO told to explain £40 million payments, following Scottish job cuts

The chief executive at Ovo Energy has been asked by MPs and unions to explain £40m of loans and cash transfers, after cutting hundreds of Scots jobs.

Stephen Fitzpatrick’s company was given £17m in furlough payments after taking over Perth-based SSE’s retail division in January 2020.

The Perth-headquartered business employs around 700 people, with bases in Edinburgh and Cumbernauld, where hundreds more work.

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