What has happened? The government has promised to pay tens of billions of pounds of subsidy to the Chinese and French governments to get a new nuclear reactor off the ground at Hinkley Point in Somerset. The �16bn plant will provide 7 per cent of Britain?s electricity for six decades or longer.
Really? I thought George Osborne was a fan of free markets? You could say it?s very ?free market? to encourage investment into one of Britain?s most sensitive industries from almost anywhere ? including Beijing. Maybe less so to pay them a guaranteed price through to the middle of the 21st century.
Continue reading �Source: http://blogs.ft.com/westminster/2013/10/ft-westminster-handy-guide-to-the-edf-hinkley-point-deal/
pension lump sum pension transfer retirement age uk retirement calculator annuity calculator
No comments:
Post a Comment