THE DAILY BRIEFING

POWER PLAY

Taxpayers are facing a £15bn bill for the cost of building a power station on Anglesey, North Wales, as Japanese industrial conglomerate

Hitachi threatens to walk away from the project unless it gets support from the Government.

PENSION CONTRIBUTION

Telecommunications giant BT is expected to unveil plans to plug its £13bn pension deficit when it publishes its annual results on Thursday. Analysts expect it to contribute £1bn upfront, then annual top-ups of £800m for the next 16 years.

FLOATING GYM

Health chain The Bannatyne Group, founded by Dragons’ Den star Duncan Bannatyne, could rekindle plans to float on the London Stock Exchange as it eyes expansion into Europe. It dropped a £300m float in 2016.

SKY TAXIS

Flying cars could be introduced within two years by Uber. It will host Donald Trump’s transport chief and the US airspace watchdog at a summit in Los Angeles this week to iron out any problems.

MALL BILL

Councils are on track to spend record amounts buying up shopping centres as retailers struggle to survive online competition. BNP Paribas says councils spent nearly £255.2m purchasing malls in the first three months of the year.

EDUCATION PAYS

Tycoon Andrew Colin could earn £300m from the sale of his firm IntoUniversity, which helps universities attract high-paying foreign students. Deutsche Bank is said to be assessing takeover bids.