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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China investment 'a good deal for the British taxpayer'

Chancellor George Osborne said Chinese investment in British nuclear power delivers "a good deal".

Speaking during a visit to a nuclear power station in Taishan, China, Mr Osborne said: "We're delivering a good deal for the British taxpayer and we're going to make sure of course that the very stringent British rules on safety are applied.

"The Chinese investment in British nuclear power means British taxpayers' money can be used instead for building schools and hospitals and in the long-term British families get lower and more stable energy bills."

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