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Digital Subscriptions > Prospect Magazine > August 2016 > The end of Hinkley Point C?

The end of Hinkley Point C?

Brexit could give the French government the excuse it needs to stop the project

Hinkley Point C is vulnerable to the effects of Brexit. The Hinkley project is a joint French and Chinese investment, and it is awaiting the final investment decision from the board of EDF which has a 66.5 per cent stake in the project. A decision by the board is expected in September. EDF, which is 85 per cent owned by the French government, has delayed making a financial commitment, amid resistance from trade unions which have a third of the votes on the board. In March, the company’s Chief Financial Officer resigned.

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In Prospect’s August issue: Rachel Sylvester argues that the EU referendum has started a re-alignment of British politics while Roger Scruton and Jay Elwes say that it has thrown Britain into a bout of self-examination with the fundamental question of who we are as a nation at its centre. In addition, Peter Mandelson says without reform the EU could fall victim to a populist uprising. Also in this issue: Philip Ball explores quantum entanglement, George Magnus looks at the political situation in Brazil ahead of the Olympics and Adam Mars-Jones unpicks the work of Steven Spielberg. James Cusick looks at the impact of the Chilcot report and Kathy Lette explains what the world would be like if she was in charge.
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