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China to invest in UK nuclear

George Osborne has announced that the Government is to give the go ahead to Chinese firms taking a stake in the development of the next generation of British nuclear power.

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Davey: China nuclear power deal 'exciting development'

Energy Secretary Ed Davey called the go ahead for China's involvement in Britain's nuclear power stations "an exciting development".

Mr Davey said it would lead to "strengthening our relationship with China in a way that will benefit both countries."

Energy and Climate Change Secretary Ed Davey. Credit: Danny Lawson/PA Wire

"Investment from Chinese companies in the UK electricity market is welcome, providing they can meet our stringent regulatory and safety requirements," he added.

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