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Britain invests $962 million in nuclear energy

March 25, 2024

Downing Street announced that British Prime Minister Rishi Sunak will announce new packages of investments in the field of nuclear energy and the nuclear deterrence program, and that he will make this announcement in the city of Barrow, which Sunak is counting on in the field of nuclear energy. As it is a primary headquarters for building nuclear submarines.

Many companies will participate in these investments with the government, such as EDF, BAE Systems, Babcock, and Rolls-Royce, and it is expected that these investments will reach $962.4 million in 2030.

The British Prime Minister stressed the importance of the nuclear field in achieving Britain's goals related to energy security. She said that this field still needs to hire more workers to advance it; Therefore, 40 thousand new jobs will be announced.