Rishi Sunak says it is important to protect the future of Britain's nuclear deterrent (File)
Chancellor Rishi Sunak is due to announce on Monday 200 million pounds ($252 million) of public investment to strengthen Britain's nuclear deterrent program and civil nuclear industry, with the government expected to increase the number of 40,000 It is expected that new employment will be created.
In a press release ahead of the announcement, Rishi Sunak's Downing Street office said the Government will partner with industry leaders such as BAE Systems, Rolls-Royce, EDF and Babcock to deliver at least 763 million jobs, jobs and education by 2030. He said he plans to invest 10,000 pounds.
The investment is aimed at ensuring that the northern English town of Barrow-in-Furness, where Rishi Sunak will make the announcement, “thrives as the home of Britain's nuclear submarine construction”.
Ahead of his visit, Rishi Sunak said: “Securing our nuclear deterrent and the future of our nuclear industry is an important national undertaking.”
“In a more dangerous and conflict-prone world, the UK's continued offshore nuclear deterrent is more important than ever. And nuclear power provides consumers with cheaper, cleaner, home-grown energy.” he added.
“That’s why we’re investing in future jobs and skills in Barrow, the home of Britain’s submarines, and in Britain’s thriving nuclear industry.”
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