The UK’s flagship state pension scheme says it has “no current plans” to invest in nuclear infrastructure such as Sizewell C, marking a major setback for the government’s mission to grow the country’s future nuclear power output. Following a change to its energy policy last year, there had been hopes from inside the government that the National Employment Savings Trust (Nest), which manages over £27 billion in assets may revise its approach to investments in nuclear projects.

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