Plan for multibillion-pound Sizewell nuclear plant a ‘terrible deal’ for UK taxpayers, MPs say

The public accounts committee has expressed concerns about the government's plan to fund a multibillion-pound nuclear plant at the Sizewell site in Suffolk. MPs have warned that the cost of the Sizewell C nuclear reactor could spiral to almost £48bn, making it a "terrible deal" for UK taxpayers. This means that bill payers may face significant increases in their energy bills, which could have a negative impact on the economy and household finances.

Why it matters

The plan to fund a multibillion-pound nuclear plant could pose an extraordinary risk to billpayers, which could lead to increased financial burden on UK taxpayers. This could have a negative impact on the UK economy and public finances.

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