After years of setbacks, Britain has finally ended the uncertainty "over the future of its nuclear industry", said the FT. Chancellor Rachel Reeves has pledged a game-changing £11.5 billion of new state funding for the Sizewell C nuclear plant in Suffolk – in addition to a £2.7 billion commitment previously made in the autumn Budget.

The government has committed £14.2bn of investment to build the new Sizewell C nuclear plant on the Suffolk coastline, ahead of the Spending Review. It will create 10,000 direct jobs, thousands more in firms supplying the plant and generate enough energy to power six million homes,

The Sizewell C plant in Suffolk is expected to create around 10,000 jobs during the peak of construction, and produce enough electricity to power around 6 million homes when built.