Rolls-Royce’s nuclear power business has frozen hiring as it demands a contract from the Government for its pioneering miniature reactors. The division – which employs about 600 people – has put all recruitment on pause until it secures a contract for its pioneering small modular reactors (SMRs), which will each be capable of producing enough power for 1 million homes at a cost of just £1.8bn apiece. The move comes after Rolls’ new chief executive Tufan Erginbilgic warned that Britain … read more »
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