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| China and UK industry: ask Aditya Chakrabortty anything - live chat | |
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| Aditya Chakrabortty | Aditya Chakrabortty |
| Good afternoon! Aditya will be online at 1pm (BST). As a senior economics commentator, Aditya Chakrabortty has written about some of the pressing questions of our age, from the democratic implications of ongoing austerity, to the housing crisis and the widening gap between rich and poor. His latest column addresses the implications of George Osborne’s nuclear and infrastructure deals with China and France: | Good afternoon! Aditya will be online at 1pm (BST). As a senior economics commentator, Aditya Chakrabortty has written about some of the pressing questions of our age, from the democratic implications of ongoing austerity, to the housing crisis and the widening gap between rich and poor. His latest column addresses the implications of George Osborne’s nuclear and infrastructure deals with China and France: |
| At some point during this week’s visit of president Xi Jinping – perhaps sandwiched between lunch at the palace and a trip to Chequers – Osborne shall confirm that nuclear plants will be built at Hinkley in Somerset and Sizewell in Suffolk, by the energy giant EDF, nearly 85% owned by the French government, and China. What’s more, Beijing will get a shot at designing and building its own nuclear facility at Bradwell in Essex. | At some point during this week’s visit of president Xi Jinping – perhaps sandwiched between lunch at the palace and a trip to Chequers – Osborne shall confirm that nuclear plants will be built at Hinkley in Somerset and Sizewell in Suffolk, by the energy giant EDF, nearly 85% owned by the French government, and China. What’s more, Beijing will get a shot at designing and building its own nuclear facility at Bradwell in Essex. |
| Britain has made ‘visionary’ choice to become China’s best friend, says Xi Read more | Britain has made ‘visionary’ choice to become China’s best friend, says Xi Read more |
| Even as that announcement is made with all the fanfare available to the British state, the promises of privatisation will be revealed as lies. What were voters guaranteed by Margaret Thatcher and John Major, as they flogged off electricity and the rest of our publicly-owned utilities? More competition, lower bills and greater investment: all the plump fruit of a more dynamic capitalism. | Even as that announcement is made with all the fanfare available to the British state, the promises of privatisation will be revealed as lies. What were voters guaranteed by Margaret Thatcher and John Major, as they flogged off electricity and the rest of our publicly-owned utilities? More competition, lower bills and greater investment: all the plump fruit of a more dynamic capitalism. |
| A generation later and their children, David Cameron and Osborne, are handing Britain’s nuclear future back to the public sector – of two foreign countries – and paying handsomely for the privilege. | A generation later and their children, David Cameron and Osborne, are handing Britain’s nuclear future back to the public sector – of two foreign countries – and paying handsomely for the privilege. |
| Any questions for Aditya about Osborne’s plans, or any of the other topics he has written about? Post them below the line, and we’ll pull the best of your questions (and his answers) above the line. | Any questions for Aditya about Osborne’s plans, or any of the other topics he has written about? Post them below the line, and we’ll pull the best of your questions (and his answers) above the line. |
| Related: Osborne is all for renationalisation – so long as the nation isn’t Britain | Aditya Chakrabortty | Related: Osborne is all for renationalisation – so long as the nation isn’t Britain | Aditya Chakrabortty |
| Updated at 12.00pm BST | Updated at 12.00pm BST |