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Ministers invest £100m in EDF’s Sizewell nuclear project

admin by admin
January 27, 2022
Reading Time:1min read
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Ministers invest £100m in EDF’s Sizewell nuclear project

Good morning. 

The Sizewell C nuclear power project has been given a boost today after the Government pledged £100m to help get things going.

French energy giant EDF is trying to attract investors to the £20bn project, so ministers hope the cash boost will drum up further support.

The planned power station forms a key part of the UK’s push towards green sources of energy.

However, some investors are nervous about nuclear power, while there’s controversy over the role of Chinese group CGN in the project.

5 things to start your day 

1) Chip crisis sends car production to lowest level since 1956  UK manufacturing will not recover to pre-pandemic levels unless Honda is replaced, warns SMMT 

2) Free bacon sandwiches and coffee to lure commuters back on the railways  Commuter rewards website also offering free audiobooks and discounted theatre tickets part of government charm offensive

3) Why German car makers may be yet to clean up their act  Volkswagen’s dismissal of a whistleblower raises the spectre of cover-up with echoes of the ‘dieselgate’ scandal

4) Federal Reserve…

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