Britain gives nod to US$24b Hinkley nuclear plant

London

BRITAIN gave the go ahead on Thursday for a US$24 billion nuclear power plant, ending weeks of uncertainty that strained ties with China and France and put a question mark over Prime Minister Theresa May's investment policy.

In a statement, Mrs May's government said that it had decided to proceed with the Hinkley Point C project in south-west England after a comprehensive review, but made clear Britain would have greater control over future deals when foreign states were involved in buying stakes in "critical infrastructure".