Reply to post: Re: China threatens Theresa May

Higher tech prices ARE here to stay. It's Mr Farage's new Britain

Anonymous Coward
Anonymous Coward

Re: China threatens Theresa May

That widely reported threat was in the Spectator in August 2016.

By September 2016, May had unsurprisingly come around, and the Chinese had got what they wanted, though this wasn't quite so widely covered, and may not immediately have reached the Spectator and its readers. This from the FT on 15 Sep:

"UK gives go-ahead for 'revised' £18bn Hinkley Point plant

Theresa May has given the go-ahead to the £18bn Hinkley Point power plant under a revised agreement that has been welcomed by the French developer and Chinese state-owned investor behind Europe’s biggest energy project.

The UK prime minister gave her assent on Thursday to build Britain’s first new nuclear plant in a generation, but has attached conditions that give it the right to block utility company EDF from selling its stake in the project during construction."

Downing Street also said the government would take a “special share” in all future nuclear new-build projects including a proposed reactor at Bradwell in Essex being developed by China’s state company CGN. CGN is one of the investors in Hinkley Point. [continues]"

https://www.ft.com/content/466704e6-7a4b-11e6-b837-eb4b4333ee43

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