London Daily

Focus on the big picture.
Monday, Mar 23, 2026

Boris Johnson promises £700m funding in bid for new nuclear power plant

Boris Johnson promises £700m funding in bid for new nuclear power plant

In one of his final acts as prime minister, Boris Johnson confirms he has signed off the cash for the £20bn Sizewell C reactor in Suffolk.

Boris Johnson has given his support to the Sizewell C nuclear power plant in Suffolk, promising £700m of government funding for the project.

He confirmed the move during a speech from the site in one of his final acts as prime minister - and amid the rising cost of living crisis - saying he was "absolutely confident it will get over the line" in the next few weeks.

But it will be up to his successor to provide the rest of the funding to push the project through in a deal with French-owned utility firm EDF.

The government has previously said the £20bn power plant would take just under a decade to build and could power six million homes.

Mr Johnson is due to be replaced as prime minister next week when either Rishi Sunak or Liz Truss is announced as his successor.

In his speech, the PM praised the history of nuclear discoveries in the UK, but asked "what happened to us?" - claiming British nuclear energy was in "paralysis".

He decried the "short termism" that he said led to no new nuclear power plants being built in the UK in nearly 30 years, while the likes of France had built four in the same timeframe.

And he criticised past leaders of both Labour and the Liberal Democrats - though not mentioning his own party's time in office - saying it had been "a chronic case of politicians not being able to see beyond the political cycle" and choosing to invest.

Mr Johnson said his government's British energy security strategy was "rectifying the chronic mistakes of the past and taking the long term decisions that it needs", adding: "We need to pull our national finger out and get on with Sizewell C.

"This project will create tens of thousands of jobs, it will also power six million homes - that is roughly a fifth of all the homes in the UK - so it'll help to fix the energy needs, not just of this generation but of the next."

'Great British nuclear campaign'


EDF, the project developer, is set to take a stake as part of efforts to remove a Chinese state-backed nuclear energy company from the project.

But campaign group Stop Sizewell said the power station was a "vanity project" for the PM that his successor should "consign to the bin".

They added: "When every penny matters, it's totally wrong to shackle the next prime minister and billions in taxpayers' money to this damaging project, whose ballooning cost, lengthy construction, failure-prone technology and long term water supply are so uncertain."

Mr Johnson said there was "no cultural aversion to nuclear power" in the UK, and the campaign group - which protested outside the site ahead of his speech - was an example of "pure nimbyism".

He added: "A baby born this year will be getting energy from Sizewell C long after she retires and this new reactor is just a part of our Great British nuclear campaign."

The GMB Union said the announcement was "a belated step in the right direction, but it should have happened years ago".

National secretary Andy Prendergast, said: "Years of political failure to make the right decision on new nuclear means we are woefully unprepared for the energy crisis facing us today.

"The government must grasp the nettle and commit to other nuclear reactors... and make sure we have the skilled workers required."

The proposed Sizewell C site in Suffolk.


The announcement comes as the government is facing growing pressure to tackle rising energy costs, with the price cap set to soar by 80% come October.

Mr Johnson has insisted it will be up to either Ms Truss or Mr Sunak to decide what help is offered to households and businesses, but he said it was "clear that come the new administration, there is going to be a further package" of support.

During a Q&A session, he added: "We have the fiscal firepower to sort it out. We do have a robust employment situation, we have the revenues coming to the Exchequer to enable us to help people.

"That gives us the strength to continue to support people."

Sizewell was the last stop on the PM's tour of the UK over his final days in office, which has seen him talking about gigabit broadband in Dorset, policing numbers in Lewisham and defence co-operation in Barrow.

Mr Johnson has been hesitant to discuss his plans for after he leaves Number 10 - his replacement will take over the shop on Tuesday - but asked what sort of ex-PM he would be, he said: "I think only time will tell is my answer on that one.

"But my intention and what I certainly will do is give my full and unqualified support to whoever takes over from me.

"Otherwise, really to get on with life."

Either Liz Truss or Rishi Sunak will be announced as the new PM on Monday, and take over Number 10 on Tuesday


And the PM had advice for the next resident of Downing Street: "I think it'd be fair to say this government has not shirked the big decisions.

"We've raised our eyes, we've looked to the horizon and I just say, whoever follows me next, I know that they will do the same.

"So no more national myopia, no more short-termism, let's think about the future, let's think about our kids and our grandchildren, about the next generation.

"And so I say to you, with the prophetic candour and clarity of one who is about to hand over the torch of office, I say go nuclear and go large and go with Sizewell C."

Newsletter

Related Articles

0:00
0:00
Close
Duchess of Sussex Secures ‘As Ever’ Trademark Rights in Australia Ahead of High-Profile Visit
UK Reaffirms Security as Officials Reject Claims of Immediate Iranian Missile Threat
Rising Middle East Tensions Spark ‘Trumpflation’ Debate Over Impact on UK Households
UK Minister Says No Evidence Iran Can Strike Europe Despite Heightened Warnings
British-Iranians Voice Safety Concerns to Authorities as Regional Conflict Intensifies
Confirmed Meningitis Cases Linked to Kent Outbreak Revised Down to Twenty
UK Government Sees No Evidence Iran Can Strike London Amid Rising Regional Tensions
Debate Grows Over Recognition of Indigenous Cultural Icons in the United Kingdom
Iran Missile Launch Toward Diego Garcia Raises Questions After Failed Strike on US–UK Base
Donald Trump Amplifies Viral Satirical Clip Highlighting UK–US Political Dynamics
UK Satirical Show Draws Attention with Sketch Referencing Trump and Prince Andrew
Meghan Markle’s Possible UK Return Sparks Renewed Attention on Sussex Role
Starmer Convenes Urgent Talks on Cost-of-Living Pressures Linked to Iran Conflict
Starmer Convenes Urgent Talks on Cost-of-Living Pressures Linked to Iran Conflict
UK Investors Eye Bargain Shares Ahead of ISA Deadline Amid Market Volatility
UK Investors Eye Bargain Shares Ahead of ISA Deadline Amid Market Volatility
Northern Lights Expected Over UK Skies Tonight Amid Strong Solar Activity
UK Condemns Iran Missile Strike and Warns Against Threats to British Personnel
UK Warns of Global Flight Disruptions as Iran Conflict Escalates Under Trump’s Leadership
UK Condemns Iran After Missile Strike Targets Strategic Diego Garcia Base
Deadly Meningitis Outbreak in UK Reinforces Urgency of Vaccination Campaigns
Iran Launches Long-Range Missile Strike on Remote US-UK Base, Signaling Expanded Reach
Iran Launches Long-Range Missile Strike on Remote US-UK Base, Signaling Expanded Reach
UK Rules Out Cyprus Base Role in Joint US Self-Defence Framework
UK Ends Hereditary Peerage Rights in Parliament in Historic Constitutional Reform
Lord Walney Warns of Expanding Iranian Influence Networks Within the United Kingdom
Iranian National Among Two Arrested After Attempt to Access UK Nuclear Submarine Base
Deregulation, Artificial Intelligence, and Fraud Laws Reshape UK Financial Services Landscape
UK Considers Lower Speed Limits to Reduce Fuel Use Amid Escalating Energy Crisis
UK Borrowing Costs Surge to Post-Crisis High as Markets React to Inflation and War Risks
UK Government Prepares Emergency Economic Measures as Iran Conflict Fuels Financial Risks
Meningitis B Outbreak in the UK Raises Urgent Health Warnings as Cases Surge
Iran Issues Stark Warning to Britain Over US Base Access Amid Expanding Conflict
United Kingdom Authorizes US Strikes from British Bases as Iran Threatens Key Shipping Routes
Reform UK Suspends Scottish Candidate Following Financial Misconduct Allegations
Apple issues an unusual warning: this is how your iPhone can be hacked without you doing anything
UK and Nigeria Reach Agreement to Accelerate Return of Irregular Migrants
UK Sets New Aid Priorities Following Significant Budget Reductions
Cyprus President Urges Open Dialogue Over Future of British Sovereign Base Areas
Cyprus President Urges Open Dialogue Over Future of British Sovereign Base Areas
UK Plans 50% Steel Tariffs in Bold Move to Protect Domestic Industry
Iran Conflict Sends Shockwaves Through UK Economy as Energy Costs and Trade Risks Surge
UK Health Officials Warn Kent Meningitis Outbreak Still Active as Cases Continue to Rise
UK Climate Progress Faces Scrutiny Over Reliance on Carbon Accounting Methods
UK Deploys Advisers to United States to Shape Plan for Reopening Strait of Hormuz
Amazon Bets on AI-Driven Alexa Upgrade to Revive UK Smart Speaker Market
UK Abortion Law Changes Spark Strong Response from Church Leaders and Pro-Life Advocates
UK Abortion Law Changes Spark Strong Response from Church Leaders and Pro-Life Advocates
GB News Faces Regulatory Complaints Over On-Air Remarks on ‘Genocide’ Claims
UK Signals Expanded Support for Gulf Allies as Iranian Attacks Intensify Regional Threats
×