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Thu June 24 2021

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Government guarantees Mersey bridge and Hinkley power station

27 Jun 13 The government’s UK Guarantee Scheme is being extended to at least December 2016.

Mersey Gateway Bridge
Mersey Gateway Bridge

The scheme will support the planned Mersey Gateway Bridge and Hinkley Point C nuclear power station, chief secretary to the Treasury Danny Alexander confirmed today.

“We will offer a guarantee up to £500m to support investment in the Mersey Gateway Bridge, and a multi-billion pound guarantee to advance the new nuclear power station at Hinkley Point,” he said.

“These deals aren’t yet done, but they are major steps forward for our country’s future,” he added.

The UK Guarantee Scheme has already provided assurance to investors in the Drax Power Station and the Northern Line Extension.

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