Vince Cable, former business secretary, says economics of project are unresolved, while Greenpeace chief condemns PM’s review as ‘hot air’
Theresa May was accused of backing down on security concerns about Chinese involvement in nuclear power and failing to drive a better deal for taxpayers, following the announcement on Thursday on building the £18bn Hinkley Point C plant.
May’s surprise decision to review the first planned nuclear power station for a generation when she arrived in Downing Street had been regarded as marking a break with George Osborne’s enthusiastic courtship of China, and a greater willingness to take on big business. But after the Chinese ambassador publicly raised concerns about future trading relationships if Britain pulled the plug on the deal, May gave the go-ahead.
Source: Guardian Environment