The investment would mean Centrica has about the same size stake in Sizewell C as EDF, the Financial Times reported. Events
Does the UK need nuclear to keep the lights on? What has big tech got to do with it? And do the costs stack up?Keir Starmer has committed the UK to its first significant stake in a new nuclear power plant since the 1980s.The decision to invest almost £18bn of taxpayer money into the Sizewell C nuclear power plant in Suffolk was welcomed by Ed Miliband, the energy secretary, as the beginning of a “golden age” of nuclear investment that would be critical to the government’s net zero goals. Continue reading... Events
Chancellor signs off on £14.2 billion of investment to build the new Sizewell C nuclear plant Economics
It comes amid growing concerns over the impact of Chinese influence in British infrastructure and supply chains Events
The Government has earmarked almost £17 billion for nuclear power projects in the UK Economics
Environmentalists and campaign groups have argued it will impact local wildlife and is ‘too slow’ to combat climate change Events
The Suffolk plant is expected to take around a decade to complete Economics
Investment aims to boost clean energy and create 10,000 jobs, but critics warn of spiralling costs Economics
Latest money increases the total taxpayer investment in the power station site to £17.8bn Economics
The Chancellor is set to confirm the funding at the GMB Congress on Tuesday. Economics
Chancellor Rachel Reeves is set to confirm the multi-billion pound nuclear plant Sizewell C on the Suffolk coast will go-ahead as part of Wednesday's Spending Review Events
The Chancellor will announce £14.2billion to pay for a new reactor at the site in Suffolk, with the plant eventually powering 6million homes. Economics
