Chancellor Philip Hammond met with the chairman of Hitachi late last month to discuss a deal to build the £10bn Horizon nuclear project on Anglesey in north Wales, according to reports. Hiroaki Nakanishi met with Hammond in London to hash out a deal for the plant, which must secure support from both countries’ governments, the Sunday Times reported. The British government could end up taking an equity stake of about 25 per cent in the Horizon project, though fears of increasing government debt have caused delays.
City AM 10th Dec 2017 read more »
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