Tag Archives: plant

BMW to make Mini electric car plant decision by end-September

BMW (BMWG.DE) will decide whether to build its new electric Mini car in Britain or elsewhere by the end of September, its board member for sales told Reuters, in a test of the country’s ability to continue to attract investment as it leaves the EU. Mini makes around 70 percent of its approximately 360,000 compact cars at its… Read More »

May approves Hinkley Point nuclear plant, sets tighter controls

Britain gave the go-ahead for a $24 billion (£18.1 billion) nuclear power plant on Thursday, ending weeks of uncertainty that strained ties with China and France but also signalling a more cautious approach to foreign investment in critical infrastructure projects. Prime Minister Theresa May’s government said it would proceed with the Hinkley Point C project in southwest England,… Read More »

Hinkley Point: UK approves nuclear plant deal

The government has approved a new £18bn nuclear power station in the UK after imposing “significant new safeguards” to protect national security. The new plant at Hinkley Point in Somerset is being financed by the French and Chinese governments. However, the UK government says it will have control over foreign investment in “critical infrastructure”. Ministers will be able… Read More »