A planned new generation of mini nuclear reactors could protect Britain from future energy crises.
Business Secretary Kwasi Kwarteng is poised to approve funding for British engineering giant Rolls-Royce to create a fleet of mini-reactors.
Ministers are understood to have adopted a ‘change of focus’ towards nuclear power amid the current crisis caused by rocketing global wholesale gas prices.
Rolls-Royce believes its plans to install at least 16 plants could create 40,000 jobs by 2050 in the Midlands, the north of England and other parts of the country.
According to the Sunday Times, a consortium led by the engineering firm has secured the necessary £210million to get matching funding from the taxpayer.