You are here

NAO raises concerns over finance guarantees

The National Audit Office (NAO) has set out a number of concerns over the government's scheme guaranteeing investment in infrastructure. The scheme has issued guarantees totalling £1.7 billion so far and the total will rise to £40 billion by 2016, including an expected guarantee for the £17 billion Hinkley Point C nuclear plant.
   Other potential nuclear generators are also in discussions regarding guarantees.

To continue reading this article please login if you already have an account or subscribe.