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The Suffolk plant is expected to take around a decade to complete

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Rachel Reeves has agreed to pump billions of pounds into Britain’s nuclear energy sector, putting £14.2bn towards construction of the new Sizewell C nuclear power station.

The multi-billion pound investment will be confirmed by the chancellor at the GMB union’s annual congress on Tuesday, just days before she is expected to make sweeping cuts to unprotected departments at Wednesday’s spending review.