UK strikes deal with private investors to build £38bn Sizewell C nuclear power plant

Government’s deal with EDF, Centrica and other backers marks end of 15-year journey to win funding for projectBusiness live – latest updatesThe UK government has struck a deal worth more than £38bn with private investors to back Britain’s biggest nuclear project in a generation at the Sizewell C site on the Suffolk coast.The long-awaited multibillion-pound deal, which will be paid for through taxes and energy bills, gives the final go-ahead for construction of the nuclear project which has almost doubled in cost from when it was first proposed. Continue reading...

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