Britain risks repeating the mistakes of the past if delays in rolling out small nuclear reactors persist, the chief executive of Rolls-Royce has said, urging the new Labour government not to pass up the chance to develop a world-leading industry.
Speaking as Rolls-Royce upgraded profit guidance and restored its dividend, sending the company’s shares to a record high, Tufan Erginbilgiç said British homes could be powered by its first small modular reactor (SMR) by 2031, if the government commissions the first of them this year.
