<p>As announced by my Rt. Hon. Friend Mr Chancellor of the Exchequer in the Spring Budget on 15th March, the Government is launching Great British Nuclear (GBN) to address constraints in the nuclear market and support new nuclear builds as the government works towards net zero. GBN will enable an ambitious civil nuclear programme and ensure the UK is one of the best places in the world to invest in new nuclear. Our intention is that GBN will launch the first staged competition for Small Modular Reactors. Further details on GBN’s set up, leadership and operations will be announced by the end of March. As the Chancellor also confirmed, subject to consultation the Government intends to include nuclear in the UK Green Taxonomy, facilitating investment into this important technology alongside renewables.</p>