Since 2012
French government-owned company to receive funding for Hinkley Point C and Sizewell C
UK energy bill payers will hand over £2bn a year in subsidies to EDF, the French company building two new nuclear power stations, according to government figures.
EDF, owned by the French government, will be entitled to £1bn in annual payments as soon as Hinkley Point C, in Somerset, comes on to the grid in 2030.
Chancellor told PFI-style schemes familiar from New Labour era are ‘fiscal illusion’ offering no value for money Rachel Reeves has been urged by 40 Labour MPs to drop plans to fund NHS buildings with private finance initiatives (PFI) that would saddle the health service with debt. The Labour MPs, including Cat Eccles, Clive Lewis and Rebecca Long-Bailey, pressed the chancellor to commit to investment in the NHS without the use of private capital and warned that a return to the New Labour era of private funding for public projects would be damaging for trust in the government. Continue reading……
Christian group revises up number of students and teachers missing after one of country’s largest mass abduction Gunmen have kidnapped more than 300 students and teachers in one of the largest mass kidnappings in Nigeria, a Christian group said on Saturday, as security fears mounted in Africa’s most populous nation. The early Friday raid on St Mary’s co-educational school in Niger state in western Nigeria came after gunmen on Monday stormed a secondary school in neighbouring Kebbi state, abducting 25 girls. Continue reading… Source link India Market Wrap: Sensex and Nifty end… Delhi Police arrests key… PM Modi unveils…
Fox News and other conservative networks have mostly avoided covering the president’s ties to the sex trafficker When House Democrats released emails which showed Jeffrey Epstein claiming Donald Trump “knew about the girls”, rightwing news channels in the US reacted the same way: with silence. Viewers of Fox News and other conservative networks would have had no idea that the president allegedly spent hours at Epstein’s home with one of his victims. Rightwing media largely kept quiet on all of it, apart from a notable slip when a progressive guest on Sean Hannity’s show repeatedly told his audience: “Trump’s…