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Nuclear could be worth £30bn to UK

A report released by US engineering firm Westinghouse has revealed the UK economy could receive a £30 billion lift if the new generation of nuclear power stations proposed by the Government are built.

The company, which is one of three shortlisted, along with General Electric/Hitachi and Areva/Framatome ANP, to provide the reactor designs for 10 new nuclear power stations, undertook the research to show how much work could result in the supply, construction and operation of its reactor.

The firm announced last it had signed pioneering agreements with BAE Systems, Rolls-Royce and Doosan Babcock about the design and construction of plants, the development of a supply base and safety and technical support.