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Plan for multibillion-pound Sizewell nuclear plant a ‘terrible deal’ for UK taxpayers, MPs say

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 28/10/2026, 00:05:25 UTC.

Briefings

The UK Public Accounts Committee (PAC) warns that the government's plan to build a Sizewell C nuclear reactor is a terrible deal for taxpayers. The PAC states the risk to bill payers is 'extraordinary' and estimates the total cost could reach nearly £48bn. This would require an additional £9.8bn upfront before 2040 and another £12bn over the reactor's 60-year operating life. The evidence is from a government spending watchdog report published on October 28, 2026.

Key points

• The UK Public Accounts Committee (PAC) has classified the Sizewell C nuclear plant plan as a 'terrible deal' for UK taxpayers.
• The PAC estimates the total cost of the Sizewell C reactor could reach nearly £48bn, requiring an extra £9.8bn before 2040 and £12bn over its 60-year life.

Context

The Sizewell C nuclear reactor is a proposed facility in Suffolk, UK, funded by the government. The PAC, a government spending watchdog, issued this warning on October 28, 2026, highlighting the financial risks to the public.

Limitations

The evidence is limited to a single PAC report from October 2026. The specific breakdown of the £48bn total cost is not detailed, and the report does not provide a timeline for when the £9.8bn and £12bn figures will be incurred.

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