Osborne green-lights Chinese investment in UK nuclear plans

BusinessGreen staff
clock

Agreement should advance £14bn plans for a new reactor at Hinkley and could see China own a majority stake in new power projects

George Osborne has confirmed Chinese companies are poised to invest in the UK's nuclear future, paving the way for the development of a new reactor at Hinkley in Somerset. On the last day of his trip...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Nuclear

Sizewell C: Final investment decision secured for £38bn nuclear project

Sizewell C: Final investment decision secured for £38bn nuclear project

Government hails 'a new golden age of nuclear, as flagship project secures long-awaited green light

James Murray
clock 22 July 2025 • 4 min read
'Maturing investor confidence': Nuclear fusion industry sees funding more than double to over $2.5bn

'Maturing investor confidence': Nuclear fusion industry sees funding more than double to over $2.5bn

Latest figures from the Fusion Industry Association show total funding across the sector has increased five-fold since 2021 and is now just shy of $10bn

James Murray
clock 22 July 2025 • 3 min read
UK and Czechia ink landmark deal to drive small modular reactor development

UK and Czechia ink landmark deal to drive small modular reactor development

Government vows to end 'no-nuclear status quo' with partnership positioning UK and Czechia at forefront of potential £500bn global SMR market

Stuart Stone
clock 15 July 2025 • 4 min read