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The Independent UK
The Independent UK
Business
David Hughes

YOU WONT BELIEVE: Reeves says nuclear investment shows uk back where it belongs - You Need To See This

Chancellor of the Exchequer Rachel Reeves delivers a speech during a visit to Mellor Bus in Rochdale, Greater Manchester, to announce a multi-billion-pound boost for city transport in the North and the Midlands. Picture date: Wednesday June 4, 2025. - (PA Wire)

Rachel Reeves has committed £16.7 billion to nuclear power projects as the country shifts away from fossil fuels.

The Chancellor has signed off on £14.2 billion of investment to build the new Sizewell C nuclear plant in Suffolk, while Rolls-Royce has been named as the preferred bidder to build small modular reactors (SMRs) in a programme backed by £2.5 billion of taxpayers’ cash.

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