Nuclear Deal Brings Benefits ; Export Focus: France

Summary


NEWS that French-owned power giant EDF looked to have sealed a pounds 12.5bn deal for the UK's nuclear estate last week put a shine on British Energy shares, amid talk of massive investment in a building programme that could see significant contracts coming Teesside's way.

Sceptics saw more benefits in the deal for the Gauls than the Brits, but when it comes to Anglo-French point scoring, we still hold the upper hand.

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Nuclear Deal Brings Benefits ; Export Focus: France

While EDF joined about 1,700 French firms already operating in the UK - including Teesside Power Station, which was sold in July - the UK has closer to 2,000 companies doing business in France.

Brendan Murphy, international trade director...

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