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flag UK announces £38 billion Sizewell C nuclear plant, set to power six million homes by the 2030s.

flag The UK government has announced that the Sizewell C nuclear power plant in Suffolk will cost around £38 billion, following a deal with investors including the Canadian fund La Caisse, Centrica, and Amber Infrastructure. flag The government will hold a 44.9% stake. flag Once operational in the 2030s, it will power six million homes, create 10,000 jobs, and save up to £2 billion annually in the low-carbon electricity system. flag Construction is set to start in the mid-2020s.

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