What does Chinese investment mean for Britain?

After China announced a £6 billion investment in Britain’s nuclear capability, it looks like the deal to build Hinkley nuclear power station is about to be signed. But what does this mean for Britain?Robin Pagnamenta, The Times Energy Editor, says there will be a lot more wrangling over the small print before construction in Somerset even begins. But what’s the timeline over the next decade? Robin also discusses whether most of the top-level work will go to France or Britain and if the UK security services are likely to relax about the deal. Don’t bet on it, he argues.Alongside him, Robert Lea, The Times Industrial Editor, looks ahead to the upcoming third quarter results from Volkswagen. Will investors get more information on the financial implications of the emissions scandal? Bob argues that not even Volkswagen knows how much the scandal will cost “This is huge. This isn’t like BP’s Deepwater Horizon disaster; this is a BP plus an Enron,” he tells listeners. Can it survive? Listen in to find...

Hosted on Acast. See acast.com/privacy for more information.