New UK nuclear funding model could leave taxpayers liable

Ministers are expected to announce plans to bolster nuclear industry this week

The government will set out plans to resuscitate the UK’s struggling nuclear ambitions with a new scheme which would leave taxpayers liable for rising costs or delays.

The funding model, expected this week, could help bankroll the multibillion pound plans for a follow-on to EDF Energy’s Hinkley Point C project in Somerset, which ministers aim to build at the Sizewell site in Suffolk.

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