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Government rejects £1.5m nuclear centre funding bid

A nuclear business centre in Somerset has failed to attract £1.5 million of government funding.

Somerset County Council wants to build a £7 million innovation centre for nuclear and low-carbon businesses in Bridgwater to capitalise on the proposed development of a new nuclear plant at Hinkley Point.

The Regional Growth Fund, to which the council applied for the funding, was “hugely oversubscribed” and the council now faces making up the shortfall.

The council now intends to apply for £3.2m from the Low Carbon Energy Innovation and Collaboration Programme European Regional Development Fund for the project.