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Blighty's nuke-power push stalled as EDF buy falls through

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1st August 2008, 09:48 AM

Tony

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Blighty's nuke-power push stalled as EDF buy falls through

Pension funds affect all our futures

The British government plan to build a new generation of nuclear power stations is on hold, after French energy giant EDF's bid to buy the UK's existing nuke base was rejected at the last moment. Reports have it that the deal fell through after existing shareholders in British Energy - thought to be large UK pension funds - demanded more than EDF was willing to pay.…

More...Blighty's nuke-power push stalled as EDF buy falls through

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