Mintball wrote::lol:
I thought we were getting lots of Chinese investment.
The lead is from EDF, who are of course 85% owned by the French government. 30-40% will be owned by Chinese companies. Who are of course owned by the Chinese government. A further 10% will be owned by French firm Areva. Which of course is owned by the French government.
The Energy Institute have calculated that the deal amounts to a £1bn subsidy to these companies.
So we won't subsidise our own companies, we won't allow a successful rail franchise to remain in public hands, we won't subsidise Royal Mail. We'll cut the size of the public sector in the UK. But we'll subsidise the French and Chinese public sector companies?