“This is a major step forward for Britain. Selecting Derby’s very own Rolls-Royce SMR as the UK’s preferred bidder shows the power of backing British engineering, skills and ambition. It’s not just an investment in technology – it’s an investment in people, in our communities, and in our country’s future. It proves what’s possible when government works with British workers and businesses to deliver lasting change.
“For too long, global competitors pressed ahead while the last government hesitated – costing us jobs, opportunities and precious time. Today’s announcement makes clear: that era is over.
“With Labour, we’re seeing serious support for homegrown talent – support that will create thousands of skilled jobs, cut household energy bills and put Britain back in control of its energy future.
“As Chair of the APPG on SMRs, I’ve been making the case that that investing in British innovation is key to building a stronger, more secure future for our country. This decision shows that call has been heard and that this government is working side by side with British industry to unlock our potential – and this is just the beginning.”