Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

GHC Capital Markets hires Oberon’s Marcus Holden-Craufurd as head of investment management

November 5, 2025

How to Invest in Palladium Stocks, ETFs and More

November 5, 2025

Duane Michals Photographs Jacob Elordi for Bottega Veneta

November 5, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Stocks
Stocks

Britain plans to boost nuclear workforce By Reuters

News RoomBy News RoomMarch 24, 2024
Share
Facebook Twitter LinkedIn Pinterest Email


© Reuters. FILE PHOTO: A British nuclear Astute-class submarine HMS Ambush is seen docked in a port while it is repaired after it was involved in a “glancing collision” with a merchant vessel off the coast of the peninsula of Gibraltar on Wednesday, in the British o

LONDON (Reuters) – Prime Minister Rishi Sunak will set out plans to boost Britain’s nuclear workforce on Monday, as increased submarine building and the growing needs of the nuclear energy industry are forecast to create 40,000 new jobs by 2030.

The government will partner with defence companies BAE Systems (LON:), Rolls-Royce (OTC:) and Babcock plus energy giant EDF (EPA:) to invest more than 763 million pounds ($961 million) by the end of the decade in skills, jobs and education, it said in a statement.

The government needs to ensure there are sufficient nuclear workers to help build and maintain its fleet of submarines, vital for defence and security as they are the basis of the UK’s continuous at-sea nuclear deterrent.

“Safeguarding the future of our nuclear deterrent and nuclear energy industry is a critical national endeavour,” said Sunak, who will on Monday visit Barrow-in-Furness in the northwest, where Britain’s nuclear submarine industry is based.

“Today we usher in the next generation of our nuclear enterprise, which will keep us safe, keep our energy secure, and keep our bills down for good.”

Britain’s nuclear submarine industry will expand in the coming years as new boats are built for the UK, and also Australia under the AUKUS security pact.

Further details on how Britain will deliver the capabilities necessary for to maintain its nuclear deterrent will be published by defence secretary Grant Shapps on Monday in the “Defence Nuclear Enterprise Command Paper”, Sunak’s office said.

As part of it plans to boost the nuclear workforce, the government said it will invest 200 million pounds in Barrow over the next decade to help support people into jobs, improve the area’s transport infrastructure and build more homes.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

‘It’s survival math every month’: The rent crisis that got Zohran Mamdani elected goes far beyond New York City

Upstart’s stock extends declines as the AI lender predicts slower growth

Obesity drugs may get Medicare access under deal with White House: reports

Here’s how Pinterest’s holiday quarter just became a worry for Wall Street

Cava trims sales outlook amid heavy competition. But it’s wary of diving into the discounting fray.

Stadiums, shows abroad keep Live Nation upbeat on next year after sales miss expectations

Palantir was the most expensive stock ever for a company of its size — until the selloff

Bitcoin slips below $100,000 for first time since June. Here’s where it might be headed next.

Opinion: A deeper dive into Fed rate cuts and China trade reveals these investing ideas

Recent Posts
  • GHC Capital Markets hires Oberon’s Marcus Holden-Craufurd as head of investment management
  • How to Invest in Palladium Stocks, ETFs and More
  • Duane Michals Photographs Jacob Elordi for Bottega Veneta
  • ‘It’s survival math every month’: The rent crisis that got Zohran Mamdani elected goes far beyond New York City
  • Nextech3D.ai: Disrupting the Global Events Management Industry with AI and Blockchain

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

How to Invest in Palladium Stocks, ETFs and More

November 5, 2025

Duane Michals Photographs Jacob Elordi for Bottega Veneta

November 5, 2025

‘It’s survival math every month’: The rent crisis that got Zohran Mamdani elected goes far beyond New York City

November 5, 2025

Nextech3D.ai: Disrupting the Global Events Management Industry with AI and Blockchain

November 5, 2025

Norman Rockwell’s Family Speaks Out About Homeland Security’s Misuse of His Artwork

November 5, 2025
Facebook X (Twitter) Instagram
© 2025 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.