China banned from investing in Sizewell C, energy secretary Ed Miliband vows
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Miliband rules out Chinese funding for new nuclear plant
- China will be blocked from investing in the new Sizewell C power station, according to the energy secretary, amid growing concerns over Chinese influence in British infrastructure.
- The chancellor is set to announce plans to invest £14.2bn into the construction of the Sizewell C plant as part of a broader push for nuclear energy.
- Ed Miliband told BBC Radio 4 that while China will be excluded, other foreign government investments are not ruled out but will undergo national security checks.
- In 2022, the UK government forced China out of the Sizewell C project, spending £679m to buy out China General Nuclear Corporation (CGN).
- The Sizewell C plant, expected to power six million homes and take around a decade to complete, is central to the UK's strategy to enhance energy security and reduce reliance on overseas power.