DRAX
Panic station
THESE are tricky times at tree-burning electricity generator Drax, as the Financial Conduct Authority continues its probe (
Eyes passim
) and a programme of mass redundancies begins, for which the company has hired a specialist lawyer,
Old Sparky writes
.
Last week company secretary Brett Gladden left the job. It was he who conducted the first internal investigation that established Drax couldn’t rebut allegations made by Panorama in 2022 of using unsustainable fuel. Moments after the announcement was made to the Stock Exchange, the Drax website went down.