Three of the City’s largest investment firms have confirmed they are not buying into the delay-stricken Sizewell C nuclear project. Emails seen by City A.M. show that representatives from Abrdn, Aviva and Phoenix Group each told anti-Sizewell C campaign group, Stop Sizewell C, that they were not looking to bankroll the project, which is expected to reach around £20bn in costs. Phoenix Group, which has around £280bn in assets under management, has previously expressed interest in nuclear projects. The decisions … read more »
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