Environment2 sources

MPs call Sizewell nuclear plant a 'terrible deal' for UK taxpayers

  • The government's plan to fund a multibillion-pound nuclear plant at Sizewell in Suffolk is criticized by MPs.
  • The public accounts committee (PAC) warns that the cost of the plant represents an 'extraordinary' financial risk for billpayers.
  • Private investors are expected to benefit significantly while consumers bear most of the £40bn bill.
  • The PAC has labeled the deal as a 'terrible deal' for UK taxpayers over the rest of the century.
  • The inquiry highlights the disproportionate financial burden on consumers.
MPs call Sizewell nuclear plant a 'terrible deal' for UK taxpayers | Split Angle