French government to bail out EDF – south-west to do the same via its Local Enterprise Partnership

Not real money from French government – just taking more shares instead of dividend. Real money from the south-west to prop up the company so it can charge us three times the going price for electricity for 60 years – assuming the already out-of-date nuclear reactor ever gets built.

Still, those members of our LEP board with nuclear or allied industries (several of them) will be mighty relieved. Though a Brexit could throw thousands of spanners into the works.

http://www.theguardian.com/uk-news/2016/mar/17/french-government-edf-united-front-hinkley-point-money-nuclear-plant-union