Boris Johnson gives financing go-ahead after warnings decision could limit incoming government

Boris Johnson has approved funding for a new nuclear power station at Sizewell in Suffolk in the final weeks of his premiership, but some of Liz Truss’s senior allies are split over the decision.

The prime minister and his chancellor, Nadhim Zahawi, approved financing for the construction of two new reactors known as Sizewell C, enabling private funding of around £20-30bn to be raised.

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