Nuclear nightmare.
Despite French firm EDF’s assurances Sizewell would be a carbon copy of the ongoing Hinkley Point C project, and that major savings in time and cost would result accordingly, it has persuaded ministers that £8bn of public money is required up front merely to help it reach a Sizewell decision.
Meanwhile, French auditors advise against proceeding with Sizewell until Hinkley’s issues are resolved. With Hinkley over budget and EDF seeking additional funds, there are suspicions "Sizewell" money is being redirected.
As Labour backtracks on binding green targets and prioritises economic growth, calls are growing for Ed Miliband to freeze further Sizewell funding until EDF commits.
Full story online and in the latest issue: https://www.private-eye.co.uk/news
Despite French firm EDF’s assurances Sizewell would be a carbon copy of the ongoing Hinkley Point C project, and that major savings in time and cost would result accordingly, it has persuaded ministers that £8bn of public money is required up front merely to help it reach a Sizewell decision.
Meanwhile, French auditors advise against proceeding with Sizewell until Hinkley’s issues are resolved. With Hinkley over budget and EDF seeking additional funds, there are suspicions "Sizewell" money is being redirected.
As Labour backtracks on binding green targets and prioritises economic growth, calls are growing for Ed Miliband to freeze further Sizewell funding until EDF commits.
Full story online and in the latest issue: https://www.private-eye.co.uk/news
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