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KKR and RWE are rich firms. Why do they need a UK state loan for their windfarms? | Nils Pratley
المصدر: Business | The Guardian · نُشر

National wealth fund is to lend £1bn towards the Vanguard projects – but whether the private equity giant needed help is debatable “This major investment in UK renewables is a vote of confidence for building in Britain,” declared the prime minister. Andy Burnham is obviously corr
National wealth fund is to lend £1bn towards the Vanguard projects – but whether the private equity giant needed help is debatable “This major investment in UK renewables is a vote of confidence for building in Britain,” declared the prime minister. Andy Burnham is obviously correct that the two Vanguard windfarms off the coast of Norfolk are huge investments . Together, they require almost £13bn of debt financing.
But he can’t claim they represent a fresh expression of confidence. The project has been on the runway since the German utility RWE, the developer, was awarded a contract to build the windfarms in January’s renewables auction. Continue reading...
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From blood group ID to cycle racks: I asked for little ways to fix broken Britain and the public’s ideas give me hope | Martin Lewis
There are thousands of small tips to make our country better. People know what is wrong, and it’s clear they have solutions Have you ever come across an annoying little problem and thought, “why don’t they just fix that?” If so, I want to hear from you. I’m looking for your ideas
Business | The Guardian ·

Nvidia’s board needs to do some succession planning – sharpish | Nils Pratley
The chipmaker faces business risks and political scrutiny due to its over-reliance on founder and CEO Jensen Huang Why is Nvidia’s Jensen Huang at the centre of a US-China row? Too big – and too well-connected – to sack? One doesn’t have to be overly cynical to think Jensen Huang
Business | The Guardian ·

Argentinian lawyer mocks UK’s sovereignty claim in Falklands oil case
Lawyer says Britain wrong to believe in historic doctrine that crown has sovereignty over parts of oceans Britain should not be permitted to act as a 17th-century colonial power treating the waters around the Falkland Islands as a Dominium maris Britannici , Argentina has told an
World news | The Guardian ·

Welsh Grand National-winning jockey O'Brien dies aged 39
Tom O'Brien, the nephew of trainer Aidan, rode more than 1,000 winners and won the Welsh Grand National twice.
feeds.bbci.co.uk ·

David Walliams' career and controversies including Britain's Got Talent and Little Britain
The entertainer shot to fame on Little Britain and also has best-selling series of children's books.
feeds.bbci.co.uk ·