Shapps announces £157m in grants at launch of new UK nuclear body

The UK government is to offer grants of £157m as part of its launch of a new body to support the nuclear power industry.

Great British Nuclear (GBN) will be tasked with helping deliver the government’s commitment to provide a quarter of the UK’s electricity from nuclear energy by 2050.

The new body will help drive rapid expansion of nuclear power plants in the UK, boost energy security and reduce dependence on fossil fuel imports, said the…