Power shares crash

EMPLOYEES of Ipswich-based energy giant TXU were living on their nerves today after the value of the company's American parent crashed.The value of shares in the Texas-based energy giant slumped 35 per cent – at one stage trading in the company was suspended on the New York Stock Exchange yesterday.

By Paul Geater

EMPLOYEES of Ipswich-based energy giant TXU were living on their nerves today after the value of the company's American parent crashed.

The value of shares in the Texas-based energy giant slumped 35 per cent – at one stage trading in the

company was suspended on the New York Stock Exchange yesterday.


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The slump means the value of the company – which supplies electricity in countries across the world – has fallen by more than two thirds in the last month.

Full story in tonight's Evening Star…

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