Weather Tonight: 9°c Light showers Morning: 14°c Overcast

Business

HEADLINES:

New nuclear plants create 15,000 jobs


04.12.08

Up to 15,000 jobs were being lined up today as two of Britain's major industrial companies were brought in to help the French build Britain's new fleet of nuclear power stations.

Areva, the French nuclear plant builder, today chose Rolls-Royce and Balfour Beatty as its partners to construct four new power stations for its partner EDF, the soon-to-be new owner of British Energy.

Balfour Beatty has a 50-year history in the British nuclear industry having worked at the Sellafield nuclear waste site and on British Energy's current ageing atomic plants.

The firm, however, is never far from controversy, having been criticised in the past for its role in the fatal Hatfield train derailment. More recently it has been fined by the Serious Fraud Office and investigated by the Office of Fair Trading.

Likely sites for the new nuclear plants include Dungeness in Kent, Bradwell in Essex and Sizewell in Suffolk.

Reader views (0)

 Add your view

No comments have so far been submitted.


Add your comment

 

Your email address will not be published

Terms and conditions make text area bigger You have  characters left.


 
Market Roundup
MONDAY UPDATE

Morgan Stanley casts cloud over Thomas Cook and Tui

Fresh weakness in the dollar gave a further boost to commodity prices which, in turn, brought in the buyers for mining shares

More



City Spy, cityspy@standard.co.uk

To be Frank, he’s a heroin of our time

“It's been a while since Frank Timis graced City Spy so a big shout out to the former boss of Regal Petroleum who told the market he'd found a whole load of oil in Greece only for it to turn out he hadn't

More

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses
Service Area or postcode