The UK is following the US in seeking to fast-track new atomic development, spurred on by the need to provide enough energy for its AI ambitions plus the increasing electrification of industry and vehicles.

A report published Monday by the government's Nuclear Regulatory Taskforce claims that the UK is now the most expensive place in the world to deliver nuclear projects and calls for a "radical reset" of nuclear regulations, essentially blaming red tape for the decline in Britain's atomic industry over the past several decades.

The report recommends "streamlining regulation" to avoid "overly bureaucratic, costly processes," but claims this can all be done while improving safety standards.

John Fingleton, former boss of the Office of Fair Trading who also sits on the board for UK Resear

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