Centrica pullout a big blow for nuclear programme

Centrica has withdrawn from the UK's nuclear re-building programme. It's not a surprise, but it's a very big blow for new nuclear.

Sources at the company believe the economics have changed so much that what looked a good deal is not any more.

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Centrica abandons nuclear plans

Centrica has decided to pull out of the UK's nuclear new build programme and will not take part in the construction of up to four new reactors, the firm announced.