Difference between revisions of "British Energy"
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==A "Blank Cheque" from the Government== | ==A "Blank Cheque" from the Government== | ||
| − | In March 2006, the National Audit Office released a scathing report into the finances of British Energy. Acccording to the Guardian: "The government's decision to bail out the nuclear power generator British Energy has left the taxpayer facing 'a large and uncertain liability', the National Audit Office has warned". In February 2006, British Energy had also revealed that the liabilities underwritten by the tax payer had increased by | + | In March 2006, the National Audit Office released a scathing report into the finances of British Energy. Acccording to the Guardian: "The government's decision to bail out the nuclear power generator British Energy has left the taxpayer facing 'a large and uncertain liability', the National Audit Office has warned". In February 2006, British Energy had also revealed that the liabilities underwritten by the tax payer had increased by £1 billlion to £5.1 billion. The Department of Trade and Industry was also heavilly criticised by the NAO for failing to keep a careful eye on the £29.1 million fees charged by city firms in relation to British Energy. {{ref|guard}} {{ref|nao}} {{ref|tel}} |
==Key Personnel== | ==Key Personnel== | ||