UK Commits Over £550 Million to Nuclear Defense and Energy
- Government commits another £200m to home of nuclear submarines
- Additional £400m coming from private sector to create new jobs
The fourth Astute-class nuclear-powered submarine, HMS Audacious at the BAE Systems ship building complex in Burrow-in-Furness, UK, in 2017.
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UK Prime Minister Rishi Sunak is committing hundreds of millions of pounds to Britain’s nuclear deterrent and energy infrastructure as part of a “critical national endeavour” to safeguard the industry and protect the country.
The government will invest £353 million ($445 million) in apprenticeships and skills in the defense and civil nuclear sector by 2030. Another £200 million will be invested in Barrow-in-Furness, the town in northwest England that’s home to the UK’s nuclear submarine program, to regenerate the area over the next 10 years.