Ministers are reviewing plans to build the Sizewell C nuclear power plant in Suffolk as part of ways to fill a “massive fiscal black hole” in government finances.
Boris Johnson promised £700 million of taxpayers’ money for the plant in his final policy speech in September as part of plans to provide long-term energy security to the UK and meet the government’s net zero targets.
Government sources confirmed this morning that the project was now under review as part of Jeremy Hunt’s attempts to find up to £25 billion in spending cuts. They added, however, that the project was more likely than not go ahead as any move to scrap Sizewell would put in doubt government decarbonisation targets.
The new reactor, 30 miles northeast of
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