Rail & Road Funding to be Cut to Favour Nukes

Posted: 7th December 2022

The government is reportedly planning to cut its investments in projects such as rail and road infrastructure to boost its nuclear power ambitions. According to The Sunday Times, Chancellor Jeremy Hunt told Treasury officials to review Whitehall budgets and find up to £15 billion of savings by 2028. Last week, the government confirmed the first state backing of a nuclear project in more than 30 years as it will become a 50% shareholder in Sizewell C nuclear power station in Suffolk.