Sunak to announce 'next generation' of UK nuclear as he visits submarine shipyard in Barrow

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Rishi Sunak's visit comes amid concerns the UK isn't spending enough on defence - with no new money pledged in the budget. He says new investment will secure Britain's nuclear deterrent and lower energy costs through nuclear power.

The prime minister will herald the 'next generation' in the UK's nuclear industry as he unveils new investment to create jobs and boost skills. Barrow-in-Furness in Cumbria will get £20m of public money to start with and £180m a year over the next decade. The town is where four new Dreadnought-class submarines - designed to carry Trident nuclear missiles - are being built. It's also home to the Royal Navy's Astute-class subs.

'That's why we are investing in Barrow, the home of UK submarines, and in the jobs and skills of the future in the thriving British nuclear industry. 'Today we usher in the next generation of our nuclear enterprise, which will keep us safe, keep our energy secure, and keep our bills down for good.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'He's Gaslighting Them': Pollster Says An Improving Economy Could Be Bad News For Rishi SunakKevin Schofield is Politics Editor of HuffPost UK.
Source: HuffPostUK - 🏆 108. / 51 Read more »