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International Business Times UK
International Business Times UK
Business
Will Lorca

North Wales £2.5B SMR Plans 3,000 Jobs Amid Rising Welsh Unemployment

Wales Unemployment North Wales United Kingdom RollsRoyce SMR
A digital rendering of the Rolls-Royce SMR, central to the £2.5B Wylfa project, offering hope amid rising unemployment (Credit: Rolls-Royce Flickr Library)

A £2.5 billion investment promising 3,000 nuclear energy jobs in North Wales has been announced just as new figures reveal Welsh unemployment has surged to the highest rate in the UK.

The major energy project at the future Wylfa nuclear power station is being hailed by ministers as a long-term economic saviour for the region. However, it offers no immediate relief for the tens of thousands currently out of work, igniting a fierce political row over Wales' economic present versus its promised future.

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