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SHOCKING: 2 | Mind Blowing Facts

UK Scores Massive US-Backed Nuclear Jackpot: 12 Modular Reactors, 2,500 Jobs – Power Surge or Costly Gamble?

US-UK pacts unleash 12 Hartlepool reactors powering 1.5M homes, £40B investments, 2,500 jobs amid Starmer's nuclear push. Critics fear Hinkley-style overruns

International Business Times UK

UK and US line up string of deals to build modular nuclear reactors in Britain

Agreements include plan to build 12 reactors in Hartlepool with Centrica, creating 2,500 jobs, and fast-tracking UK and US safety checks

The Guardian - UK

EDF extends lifespan of two UK nuclear plants, securing 1,000 jobs for longer

Heysham 1 in Lancashire and Hartlepool in Teesside to continue operating until March 2028

The Guardian - UK

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Two UK nuclear power stations given further one-year extensions

Heysham 1 in Lancashire and Hartlepool in County Durham are now expected to generate electricity until March 2028.

The Independent UK

Stocks mixed despite GDP surprise amid hot US producer price inflation

The FTSE 100 index closed up 12.01 points at 9,177.24.

Evening Standard

British Gas owner buys £1.5bn gas terminal in big bet on fossil fuel reliance

Deal for Europe’s biggest facility for LNG imports comes as overall UK gas demand fell sharply last year

The Guardian - UK

British Gas owner takes stake in Europe’s biggest LNG terminal in £1.5bn deal

Centrica and Energy Capital Partners have agreed to acquire the Isle of Grain terminal from current owner National Grid.

Evening Standard

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Fears UK gas stockpile to drop for winter as British Gas owner plans sell-off

Centrica keen to stem losses from North Sea Rough storage after company profits halve

The Guardian - UK

Centrica calls for new customer ban on rival Octopus amid row over Ofgem rules

Centrica chief executive Chris O’Shea claimed that regulator Ofgem was not enforcing recent financial resilience rules.

Evening Standard

British Gas household supply arm earnings fall after £50m warm weather hit

The residential energy supply business saw underlying earnings drop to £133 million in the six months to June 30, down from £156 million a year ago.

Evening Standard

A ‘golden age’ for nuclear power? Sizewell C must hit budget first

Customers face higher bills if project backed by the National Wealth Fund suffers serious cost overruns

The Guardian - UK

FTSE 100 at new high despite poor borrowing data

The FTSE 100 index closed up 10.82 points, 0.1%, at 9,023.81.

Evening Standard

UK Gives Green Light To GBP38 Bn Sizewell C Nuclear Plant

The UK government on Tuesday gave new British nuclear power plant Sizewell C the final go-ahead after reaching a deal with investors, aiming to bolster net zero and energy security goals.

International Business Times

Sizewell C nuclear power plant construction to cost £38billion as investors sign deal

The Department for Energy Security & Net Zero said Energy Secretary Ed Miliband had signed the final investment decision for the development.

Evening Standard

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Evening Standard

FTSE 100 Live 22 July: Sizewell deal lifts Centrica shares, Compass higher after upgrade

Dealmaking Centrica and Compass were the pick of London’s blue chips today as the FTSE 100 index held its position near to last night’s record close.

The Guardian - UK

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 project

The Guardian - UK

EDF will invest £1.1bn in Sizewell C plant, France and UK announce

French energy firm’s 12.5% stake will help to fund nuclear facility in Suffolk alongside £14.2bn UK state investment

Evening Standard

Centrica preparing to take 15% stake in Sizewell C nuclear plant, reports say

The investment would mean Centrica has about the same size stake in Sizewell C as EDF, the Financial Times reported.

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The Guardian - UK

British Gas owner strikes £20bn gas deal with Norway’s state energy company

Centrica’s 10-year agreement with Equinor helps meet almost 10% of the UK’s needs – enough to supply 5m homes

The Independent UK

Centrica strikes £20 billion gas supply deal with Equinor

The firms said the new deal will see Centrica take delivery of five billion cubic metres of gas per year up to 2035.

Evening Standard

UK’s largest natural gas storage facility to shut down without government help

Centrica has said it remains in talks with ministers about Government cooperation to expand and revamp its Rough facility.

The Guardian - UK

British Gas owner suffers shareholder rebellion over CEO pay packet

Nearly 40% of Centrica investors vote against board’s pay plans as energy bill payers struggle with record debts

Evening Standard

Wall Street stocks surge after UK-US trade deal while FTSE 100 wavers

London’s top stock market index wavered slightly on a day that trade policy continued to be front and centre of attention.

The Independent UK

FTSE 100 wavers but Wall Street stocks surge after UK-US trade deal

Governor Andrew Bailey stressed that the UK is an ‘open economy’ and would face a potential impact

Evening Standard

Shareholders in British Gas owner Centrica rebel over top directors’ pay

Nearly 40% voted against the company’s executive pay deal, which saw boss Chris O’Shea get a £4.3 million package last year.

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