The final decision on whether to go ahead with a new nuclear power station at Hinkley Point in Somerset has been delayed.
EDF Energy originally set a deadline of the end of March to make its final investment decision.
It now says that will only be possible in the next few months. Chinese partners are putting in 40% of the £24 billion needed. They're still in negotiations with EDF and the Government over the underwriting of the debt.
The government has threatened to retaliate if Austria goes ahead with a legal challenge to the new nuclear power station at Hinkley Point.
The anti-nuclear country claim funding arrangements for Hinkley C breach EU rules on subsidies.
An Austrian MEP said the British Foreign Office was threatening a number of legal moves if they pursue the court action.
The £16 billion project to create a 3,200 MW two reactor nuclear power station was agreed in 2013 by EDF and two Chinese companies.
I don't think that threats by a friendly Government in the European community is something that we would allow to even happen. This is something that is completely out of line.
There are growing fears that the European Commission is delaying the building of a new power station at Hinkley Point in Somerset. It's still to sign off all the building regulations surrounding the project.
Today Labour south west MEP Claire Moody will meet the Commission to try to speed up the process.
Its widely expected plans to build Hinkley C will be signed off by the European Commission today.
It's been examining how the deal has been financed. Opponents of the project have said it breaks regulations concerning state subsidies.
Britain's first new nuclear plant in a generation is on the verge of getting the go-ahead. The European Commission is said to be about to approve plans for the £16 billion project at Hinkley Point in Somerset. Under the deal, Hinkley C will be built by a French company, EDF energy, which will receive a guaranteed price for its energy for 35 years - at twice the current level.
The Deputy Prime Minister will be in Cornwall today to announce details of a £200 million investment scheme in the South West.
The money from the Growth Deals initiative will spent by local enterprise projects on schemes as wide as investment in training at the new Hinkley Point power station in Somerset and improvements to the A38.
Green Party MP Caroline Lucas will be taking part in a demonstration at Hinkley Point in Somerset today. She and other activists are campaigning against plans for a new nuclear power station at the site because of a range of safety concerns.
She is also angry that the Government has agreed to pay twice the current market price for the electricity the plant will generate.
An MEP from the South West has welcomed an EU investigation into the construction of the Hinkley Point Nuclear site in Somerset. Conservative Julie Girling says the public need to be ensured they're getting a good deal for their money.
The Commission will check whether the development conforms with EU rules. The 16 billion pound investment will create 25 thousand jobs in the local area.
The financial deal for a new nuclear power station in Somerset is to be investigated by the European Commission, in a move that could delay.
Under the deal, announced by the Prime Minister last month, Hinkley C will be built by a French company which will receive a guaranteed price for its energy for 35 years - at twice the current level. The commission will investigate whether this complies with European rules on state aid.
David Cameron has insisted that plans for the UK's first nuclear power station in a generation at Hinkley was "not a deal at any price".Read the full story ›