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BBCNEWS BBC News June 4, 2024 09:03:00

The new business secretary, grant shapps, gave the clearest indication yet that recent commitments by former prime minister liz truss to a brand new line, eventually connecting northern towns and cities from hull to liverpool through bradford, were very likely to be scaled back. the line itself can deliver a 33 minute journey from manchester to leeds, quadruple nearly the capacity of that line, and do so without having to wait an extra 20 years beyond the delivery of what the upgrade can do. so we ll be able to provide all of that upgrade. there wasn t really much point in going and blasting new tunnels through the pennines. government officials also cast doubt on the future of sizewell c, a £25 billion project to build two new nuclear reactors at an existing site in suffolk, that promises to provide up to 7% of the uk s total electricity needs. we are reviewing every major project, including sizewell c, said people familiar with the matter. new large scale nuclear plants has been a ....

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BBCNEWS BBC News June 4, 2024 10:19:00

Way that the platform looks in moderation terms, they are not going to advertise on it. to advertise on it. vinegar to get our to advertise on it. vinegar to get your thoughts to advertise on it. vinegar to get your thoughts on to advertise on it. vinegar to get your thoughts on that to advertise on it. vinegar to get your thoughts on that today. i to advertise on it. vinegar to get| your thoughts on that today. tech commentator there. your thoughts on that today. tech commentatorthere. if your thoughts on that today. tech commentator there. if you want to get in touch about any of the stories you can get in touch on twitter. the british government could delay or scrap major energy and transport projects as it tries to rein in public spending. a spokesperson said we are reviewing every major project . the treasury is due to reveal its tax and spending plans under the new prime minister rishi sunak in the autumn statement on november 17th. the bbc understands that plans for a ne ....

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BBCNEWS BBC News June 4, 2024 11:10:00

The treasury is due to reveal its tax and spending plans under the new prime minister rishi sunak in the autumn statement on the 17th of november the bbc understands that plans for a new nuclear power plant called sizewell c in suffolk are under review former prime minister borisjohnson pledged 700 million pounds for the project in september, with a call to go nuclear and go large . a high speed rail line promised by liz truss for the north of england could also be scaled back. the government is also expected to try to raise more money through capital gains tax that s a tax on the profit made when you sell something that has increased in value. it s trying to make savings of at least 50 billion pounds to fill the current hole in the treasury s finances. here s our business editor, simonjack. major energy infrastructure and transport projects, including a new nuclear plant in suffolk, and a new rail line in the north of england, are under review and could be delayed, watered down ....

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BBCNEWS BBC News June 4, 2024 10:21:00

All of that upgrade. there wasn t really much point in going and blasting new tunnels through the pennines. government officials also cast doubt on the future of sizewell c, a £25 billion project to build two new nuclear reactors at an existing site in suffolk, that promises to provide up to 7% of the uk s total electricity needs. we are reviewing every major project, including sizewell c, said people familiar with the matter. new large scale nuclear plants has been a key part of the government s strategy to help reduce the uk s reliance on fossil fuels. borisjohnson, while pm, declared it was his intention to build eight new reactors in the next eight years. a shift away from that position would represent a major change in uk energy policy, that some will lament, and some will celebrate. simon jack, bbc news. let s get more from our political correspondent, iain watson. ....

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BBCNEWS Breakfast June 4, 2024 06:03:00

On the future of sizewell c, a £25 billion project to build two new nuclear reactors at an existing site in suffolk, that promises to provide up to 7% of the uk s total electricity needs. we are reviewing every major project, including sizewell c said people familiar with the matter. new large scale nuclear plants has been a key part of the government s strategy to help reduce the uk s reliance on fossil fuels. borisjohnson, while pm, declared it was his intention to build eight new reactors in the next eight years. a shift away from that position would represent a major change in uk energy policy, that some will lament, and some will celebrate. simon jack, bbc news. 0ur political correspondent iain watsonjoins us from westminster. morning. we know and we have been ....

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