Rolls-Royce named winning bidder for UK small nuclear reactors
Tuesday, 10 June 2025 () FTSE 100 firm beats two US-owned companies as government pushes nuclear power with Sizewell C investment Sizewell C to be built as part of UK’s £14bn nuclear investment Rolls-Royce has won a competition to be the first company to try to build small modular nuclear reactors in the UK, as part of a…
Chancellor Rachel Reeves has signed off on £14.2 billion of investment to build the new Sizewell C nuclear power plant in Suffolk, while Rolls-Royce has been named as the preferred bidder to build small modular reactors (SMRs) in a programme backed by £2.5 billion of taxpayers' cash. It follows the...