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The Independent UK
The Independent UK
Holly Evans and David Maddox

Labour announce plans to build £38bn Sizewell C nuclear plant

The government has announced the construction of the Sizewell C nuclear power plant in Suffolk will cost around £38 billion, with it being the biggest equity shareholder in the project.

Energy secretary Ed Miliband has signed off on the final investment decision for the development, with the UK government investing a 44.9 per cent stake.

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