Middle East

Nationwide says surprise drop may stem from volatility caused by end of stamp duty holiday

时间:2010-12-5 17:23:32  作者:Middle East   来源:Global  查看:  评论:0
内容摘要:In Ilford North, shadow health secretary Wes Streeting was among those who saw his majority slashed - from more than 9,000 to 528.

In Ilford North, shadow health secretary Wes Streeting was among those who saw his majority slashed - from more than 9,000 to 528.

But despite plenty of signs that the project could be coming closer to reality, Alison Downes insisted on BBC Politics East that "it's absolutely not inevitable"."We still don't know who is going to pay for it. The government is trying to raise funds at the moment, but there's no guarantee it'll be successful," she said.

Nationwide says surprise drop may stem from volatility caused by end of stamp duty holiday

The government agreed to take a 50% stake in the development of Sizewell C after concerns about the involvement of Chinese investors and it is looking for investors to help fund the project.The official cost of Sizewell C has been put at £20bn by the government, but many observers expect the final bill to be much higher due to increased building costs.that there had already been "encouraging early interest" from people wanting to invest.

Nationwide says surprise drop may stem from volatility caused by end of stamp duty holiday

But campaigners have questioned who would want to invest in an expensive project which will take 12 years to build, with no guarantee of a return for many more years.Ms Downes, who also has concerns about the safety of the site from rising sea levels and the project's impact on local habitats, said: "A lot of taxpayers' money has gone into a project that has no absolute certainty of whether or not it's going ahead."

Nationwide says surprise drop may stem from volatility caused by end of stamp duty holiday

But Richard Rout, the deputy leader of Suffolk County Council, told BBC Politics East that the demand for more homegrown green energy meant that Sizewell was essential.

"I think Sizewell C is now at a point where it has to happen. We need nuclear in this country to give us energy independence," he said.Last week, Sir Keir Starmer and Donald Trump shook hands on a mutual export quota of 13,000 tonnes of beef - one of a number of

agreed by the two leaders.Following the deal, the government said "

", and hormone-treated beef would not appear in the UK."We were worried about standards, and what type of beef can be imported. And as more and more details come forward, it appears that it's quite sensible," Mr Quinney said.

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