A committee in the British Parliament has called the £40 billion Sizewell C nuclear power plant project a "terrible deal" for taxpayers, according to the Financial Times. MPs estimate that the government is taking excessive financial risks, providing £3.8 billion in capital and nearly £37 billion in loans. At the same time, private investors earn significant profits, and consumers may face rising energy bills.

A committee in the British Parliament has called the £40 billion Sizewell C nuclear power plant project a "terrible deal" for taxpayers, according to the Financial Times. MPs estimate that the government is taking excessive financial risks, providing £3.8 billion in capital and nearly £37 billion in loans. At the same time, private investors earn significant profits, and consumers may face rising energy bills.