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Hinkley Point C delayed by a year as cost goes up by £3 billion

The new nuclear power station being built at Hinkley Point will start operating a year later than planned and will cost an extra £3 billion, it has been announced. French energy giant EDF published the findings of a review into the cost and schedule ...

19 May 2022 at 23:54

Hinkley Point B nuclear power plant could get life extension, minister suggests

Business Secretary Kwasi Kwarteng is considering extending the life of the Hinkley Point B plant but only if the nuclear power station complies with “safety certification”, a culture minister has suggested. Appearing on Times Radio, Chris Philp was ...

30 May 2022 at 13:56

Press on with energy strategy, union leader urges ministers

A union leader is urging the government to press on with its energy strategy, warning that “squabbles” within the Conservative party could kick the plans into the long grass. Gary Smith, general secretary of the GMB, said on a visit to the new ...

08 Apr 2022 at 11:25

EDF rules out delaying shutdown of Hinkley Point B nuclear power station

EDF Energy has ruled out postponing the shutdown of the Hinkley Point B nuclear power station, after a minister suggested the Business Secretary was considering extending its life. Culture minister Chris Philp said on Monday that Kwasi ...

30 May 2022 at 22:08

City

Balfour Beatty benefits from UK construction business

Profits at Balfour Beatty held more or less steady in the six months to the end of June, and the company said it is on track to deliver its full-year targets. The infrastructure group was helped by its construction unit in the UK, but ...

16 Aug 2023 at 09:44

Hinkley Point C nuclear plant ‘could cost up to £35 billion’

The final cost of the Hinkley Point C nuclear plant, being built in Somerset, could be as much as £35 billion, according to the French firm developing it. The start of electricity production had been scheduled for June 2027 – but the ...

23 Jan 2024 at 21:27

Do not bring nuclear energy plants to Scotland, SNP tells new minister

The SNP has warned new energy minister Andrew Bowie to keep new nuclear power out of Scotland. Energy policy has long been one of the most contentious issues between the UK and Scottish governments, with disagreements around the ...

21 Feb 2023 at 19:43

Hinkley Point C building work reaches reactor lift milestone

Building work on the multi-billion-pound Hinkley Point C nuclear power station is reaching a big milestone, with the first reactor building being lifted into place. The development will close the roof on the reactor building, ...

15 Dec 2023 at 19:45

Oil and gas needed for ‘many years to come’ – Starmer

Sir Keir Starmer has moved to reassure trade union critics that Labour’s energy plans would not hit jobs, claiming that oil and gas would be necessary for “many, many years” to come. It comes after GMB union general ...

05 Jun 2023 at 11:21

Sizewell C nuclear plant go-ahead confirmed with £700m public stake

The Government has confirmed the go-ahead for the new Sizewell C nuclear power plant in Suffolk, backing the scheme with a £700 million stake. The move, which ministers said would create 10,000 highly skilled jobs ...

29 Nov 2022 at 16:22

City

Sizewell C nuclear plant costs ‘could double to nearly £40bn’

The planned Sizewell C nuclear power station in Suffolk could surge in cost to nearly £40 billion, according to reports. People close to talks over the energy scheme have estimated the rise in costs, the ...

14 Jan 2025 at 13:07

Reeves signs off on £14bn to build new nuclear plant Sizewell C

Rachel Reeves has signed off on £14.2 billion of investment to build the new Sizewell C nuclear plant as part of the spending review. The Chancellor is set to confirm the funding at the GMB Congress on ...

10 Jun 2025 at 07:36

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