Up to 300 jobs should be created at GB Energy’s new headquarters in Aberdeen, its new boss has said.

Juergen Maier, who was appointed chairman in June, told a House of Commons select committee that a workforce plan had not yet been created but his estimate was there would be 200-300 roles in the city.

He said there was “a lot of opportunity” to take people from the oil and gas sector for the state-owned energy company, which was a flagship policy during the Labour government’s general election campaign.

However, Mr Maier said it would be “well into next year” before GB Energy starts making any investments.