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Concerns raised Treasury will pocket surplus nuclear funding

Concerns raised Treasury will pocket surplus nuclear funding

Labour has expressed fears that the Treasury will pocket sums, due to collected off energy suppliers to pay for the new nuclear plants, and then clawed back because the projects are performing better than expected financially. The concerns were raised as the House of Commons Grand Committee held its final session of detailed scrutiny of the new legislation allowing the regulated asset base model to be applied to nuclear projects.

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Weekend press round-up: SSE boss defies activist investors’ demands

This week's round up of the weekend newspapers includes Martin Lewis hitting out at energy prices, SSE's boss stands firm against activist investors and Thames Water has been fined for polluting an Oxfordshire river as public anger over waterways continues

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