The UK government announced on [Date - Not specified in article] that it will become the majority shareholder in the Sizewell C nuclear power plant, taking a 44.9% stake in the £38bn project. This follows a previous commitment of £14.2bn in investment. Other investors include EDF (12.5%), Centrica (15%), La Caisse (20%), and Amber Infrastructure (7.6%). The project, located on the Suffolk coastline, is expected to create 10,000 direct jobs and power six million homes. A proposed £5bn debt guarantee from Bpifrance Assurance Export will support EDF's loans.

Alison Downes of Stop Sizewell C criticized the decision, citing concerns about cost overruns and the burden on taxpayers. Energy Secretary Ed Miliband hailed the investment as a step towards a "new golden age of nuclear," aiming to reduce reliance on fossil fuels and lower energy bills. Julia Pyke of Sizewell C highlighted the project's contribution to a more secure and affordable energy system and its significant economic impact, particularly in the east of England.

Impact Statement: The government's significant investment in Sizewell C will reshape the UK's energy landscape, potentially impacting energy prices and national energy security, while also stimulating job creation in the region.