Centrica and UK government boost nuclear energy with Sizewell C approval and investment

TL;DR Summary
Centrica's shares rose about 4.5% after announcing a £1.3 billion investment and a 15% stake in the Sizewell C nuclear project in the UK, which is expected to significantly boost the country's nuclear energy capacity. The deal includes protections against delays and cost overruns, with an anticipated exit share value of around £3 billion. Meanwhile, UK government bonds fell due to higher-than-expected public borrowing in June, and global markets experienced mixed movements amid trade tensions and record highs in US stocks.
- British Gas owner Centrica pops 4% after announcing £1.3 billion investment in UK nuclear project CNBC
- UK approves Sizewell C nuclear plant after La Caisse investment Reuters
- U.K. Government Approves $51 Billion Sizewell C Nuclear Power Plant The Wall Street Journal
- FTSE 100 Live 22 July: Centrica acquires Sizewell C stake, AstraZeneca plans $50bn US investment MSN
- Sizewell C nuclear power plant costs rise to £38bn BBC
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