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EDF boss 'confident' Hinkley Point C will go ahead

The Hinkley Point C project in Somerset will cost £18bn to build Credit: EDF Energy/PA Wire

The chairman of energy firm EDF's has said is "confident" that the Hinkley Point C nuclear power station will go ahead.

In a letter to staff, Jean-Bernard Levy, said although the financial context was "challenging", the project had the support of both the French and British governments.

I am sure that this project is a good project for the group and that in the near future, all the conditions will come together for it to be definitely launched.

– Jean-Bernard Levy, chairman and chief executive of EDF Group

He added that negotiations with the French government to secure the company's financial position were continuing and insisted EDF would not be involved until his conditions were met.

Plans for the power station in Somerset have been beset by delays and uncertainty over funding.

EDF's chief financial officer Thomas Piquemal also resignedover concerns the decision on investment at Hinkley Point C was being made too quickly, potentially threatening the firm's financial position.

On Monday, the government said it "continues to fully support the Hinkley Point C nuclear project".

UK government 'fully supports' Hinkley Point project

The Hinkley Point C power plant project is projected to cost £18bn. Credit: Justin Tallis / PA Archive/PA Images

The British government "continues to fully support the Hinkley Point C nuclear project", according to the Prime Minister's spokeswoman.

There are doubts about the future of the project after the chief financial officer at EDF, which is a partner with Chinese Group CGN in financing the plan, resigned ahead of a final decision on its investment.

The company said Thomas Piquemal will be replaced by Xavier Girre, who joined EDF last year as chief finance officer for France.


China's President Xi departs UK after state visit

China's four-day state visit to the United Kingdom has concluded.

During his tour of Britain, President Xi met with the Queen at Buckingham Palace, signed off on billions of pounds-worth of trade deals, had a pint in David Cameron's local and met with football stars from Manchester City.


Queen and Duke bid farewell to China's President

The Queen and Duke of Edinburgh have bid farewell to China's President Xi Jinping and his wife Peng Liyuan at Buckingham Palace, where they have been staying since arriving in the UK on Monday.

The couple will be entertained by David Cameron and wife Samantha at his Buckinghamshire country retreat Chequers on the third day of the state visit.

David Cameron will entertain Chinese President at Chequers

President Xi and David Cameron Credit: PA

David Cameron will entertain President Xi at his Buckinghamshire country retreat on day three of the Chinese president's state visit.

International affairs are expected to dominate talks at Chequers, including China's response to the rise of Islamist extremism.

Mr Xi and wife Peng Liyuan will bid a formal farewell to the Queen and Duke of Edinburgh at Buckingham Palace, where they have been staying since arriving on Monday evening, before the president joins the Duke of York for a series of visits.

The couple will then head to Chequers where they will dine with Mr Cameron and wife Samantha.

Chequers, the Prime Minister's official country residence near Ellesborough in Buckinghamshire Credit: PA
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