The government has announced a £14.2 billion investment to build Sizewell C nuclear plant as part of the Spending Review, badging the funding as an opportunity to create “ten thousand jobs”, including 1,500 apprenticeships, and support thousands more jobs across the UK.
The Sizewell C company has already signed £330 million in contracts with local companies and promised that 70% of contracts predicted to go to 3,500 British suppliers – supporting new jobs in construction, welding, and hospitality.  
The government said it is also looking to provide a route for private sector-led advanced nuclear projects to be deployed in the UK. It highlighted investment of £300 million in developing a supply chain for the advanced fuels needed to run them, which currently provided by Russian companies.  
Julia Pyke and Nigel Cann, Joint-Managing Directors of Sizewell C, said: “We aim to showcase British infrastructure at its best – delivering a cleaner, more secure energy future for generations to come”.
Mike Clancy, General Secretary of Prospect, said: “Delivering this funding for Sizewell C is a vital step forward, this project is critical to securing the future of the nuclear industry in the UK. New nuclear is essential to achieving net zero, providing a baseload of clean and secure energy, as well as supporting good, unionised jobs. Further investment in SMRs and fusion research shows we are finally serious about developing a 21st century nuclear industry. All funding must be backed up by a whole-industry plan to ensure we have the workforce and skills we need for these plans to succeed.”