Ouch - energy analyst is 'staggered' by UK's nuclear deal
Former Business Editor
As the political wars over our energy bills rage in Westminster, one of the City's well respected energy analysts has been taking a closer look at one of the Government's proposed solutions to part of the problem - its deal with EDF to build a new nuclear reactor at Hinkley.
A note from Peter Atherton at Liberum Partners, shown to ITV News, says he is 'flabbergasted', and 'staggered' that the UK Government has signed taxpayers up to such a deal. Some choice extracts are below. Ministers believe that Hinkley has to go ahead, as a critical first step in restarting our nuclear programme to help guarantee reliable, low carbon energy in the decades of the future. But this analysis will add to the argument that suggests taxpayers might have to pay far too high a price.