Advice for East Devon Businesses from our Local Enterprise Partnership

Our Local Enterprise Partnership is pouring millions of our pounds into the Hinckley Point nuclear power plant:

Click to access growth_deal_2015_heart_of_sw-final.pdf

It is to be owned by the French and it is said that they are finding it difficult to get investment because it is the wrong kind of design:

http://www.telegraph.co.uk/finance/newsbysector/energy/11885334/EDF-Investors-shun-Hinkley-Point-because-they-think-it-will-go-wrong.html

and part-owned by the Chinese:

http://www.theguardian.com/environment/2015/oct/21/hinkley-point-reactor-costs-rise-by-2bn-as-deal-confirmed

Half the suppliers will be from outside the UK:

http://www.theguardian.com/business/2015/dec/06/nuclear-reactor-investment-pay-overseas-suppliers-hinkley-point

including suppliers of steel, where the UK has just lost thousands of jobs:

http://processengineering.co.uk/article/2022130/uk-steel-snubbed-for-hinkley-point

Notwithstanding this, there is a puff job in the Express and Echo offering businesses in the LEP area a meeting to

A puff job in the Express and Echo East Devon says businesses are being advised by the LEP on how to “maximise opportunities” arising from the
project:

http://www.exeterexpressandecho.co.uk/East-Devon-businesses-benefit-Hinkley-advice/story-28571709-detail/story.html

Good luck with that people – but don’t forget East Devon is quite a way from Hinkley Point and there are an awful lot of businesses competing for these crumbs!