Budget | Networks disputes taskforce unveiled and government buys nuclear sites

A taskforce will be launched to explore alternative resolution mechanisms for disputes between electricity network operators and landowners. Chancellor Jeremy Hunt unveiled the establishment of the taskforce in his Budget announcement, which was otherwise light on utility-related announcements. Hunt also revealed that the government has reached an agreement on a £160 million deal with Hitachi to purchase the Wylfa and Oldbury-on-Severn ex-nuclear power plant sites in Ynys Môn and South Gloucestershire respectively.

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