Ministers have refused permission for a £ 1.2 billion energy cable connecting Britain with France.
Aquind, the company behind the project, had planned to lay a 148-mile power and communication line between Portsmouth and Normandy. Officials described the scheme as a “nationally significant infrastructure project” that could supply electricity from the French grid to 5 per cent of British homes.
However, it has been plagued by controversy since The times revealed that the company is owned by Viktor Fedotov, a secretive Russian-born tycoon whose business has donated nearly £ 500,000 to the Conservative party.
This week, Penny Mordaunt, a trade minister, became the highest-ranking government figure to speak out against the project, warning that it could compromise energy security.
Kwasi Kwarteng, the business secretary, has declined