UK extends emergency nuclear loan

The UK government today expanded a controversial loan for troubled nuclear electricity generator British Energy. The UK£410m (€650m) facility was due to close tomorrow but has now been extended to 29 November and increased to UK£650m. Environmentalist critics allege the loan is in breach of EU state aid rules (EED 20/09/02) and once again attacked the government, accusing it of "ducking an opportunity to finally deal with Britain's nuclear headache". See press releases from UK industry ministry, Greenpeace, and Sera.

The full text of this article is only available to subscribers and free trialists. To login,please enter your email address and subscriber access code below.

Not a subscriber or free trialist? Why not take a free 14 day trial or subscribe today!

Having trouble logging in? Please contact our helpdesk

Back to top Back to top