Brussels clears Â£3.4bn nuclear bail-out for British Energy
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British Energy won approval from Brussels yesterday for its Â£3.4bn government-backed bail-out, under the condition that the cash is used exclusively for decommissioning nuclear power plants.
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Treasury proposes to cut Â£4.5bn from the defence budget over the next three years
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The British government has rejected a  400 million pound ($749.5 million) bid for British Nuclear  Group Ltd. (BNG) from U.S. engineering and construction firm  Fluor Corp. , the Independent on Sunday said.
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The British government on Thursday approved a new generation of nuclear power stations, describing evidence in support of the move as "compelling", a minister said.
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The Bank of England said Friday it had approved emergency funding for British bank Northern Rock PLC to help the company overcome a liquidity crisis
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[World News]: London, Dec 26 : The European Union today announced euro three million (USD 4 million) in emergency aid in response to the crisis triggered by the tidal waves in the Indian Ocean and set up a team to monitor the situation.
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Greenpeace feels it has stronger mandate British ministers will approve plans for a new generation of UK nuclear power plants in the new year, according to a report in the Independent newspaper.â¦
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A shortfall in UK electricity generation is likely even after the recent decision on nuclear power, a report concludes.
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VIENNA: The European Union (EU) has welcomed the decision by Iran to suspend its nuclear enrichment plans. A European diplomat has said that the reaction on Iranâs decision by three big European countries
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The government on Thursday approved a new generation of nuclear power stations, describing evidence in support of the move as "compelling", the energy minister said.
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Â· Company faces insolvency without Â£400m cash boostÂ· Public-private deal was driven by Treasury
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Troubled nuclear power group British Energy today said it was removing itself from the stock market in a bid to stop rebel shareholders scuppering its rescue package.
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Struggling nuclear power generator British Energy relists on the stock exchange after a debt-for-equity rescue.
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The European Parliament approved Jose Manuel Barroso's revamped executive European Commission by a wide margin, ending a three-week political standoff that boosted the assembly's power.
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One of Britain's biggest power companies has announced price hikes of 17.2% for gas and 12.7% for electricity in a move set to hit more than four million households. via Grantham Today
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The French parliament has approved a key clause in an energy bill permitting the highly controversial privatisation of gas group Gaz de France, destined to be absorbed by Suez.
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France appeared to have removed a threat to one of Europe's largest energy deals on Sunday after the boards of Suez and Gaz de France voted on a politically charged merger delayed by disputes over strategy and control.