Dear Prime Minister and Chancellor,
Please accept ALL of the recommendations of the Nuclear Regulatory Review 2025. Families are suffering under sky-high energy bills. We need new nuclear power urgently to bring household bills down and support British jobs with lower industrial electricity prices.
Energy costs are too high and they are crippling Britain's economy, making it more difficult to start, continue or grow businesses in this country. Britain needs more and more electricity to meet this demand and achieve energy independence. That means we urgently need vastly more nuclear power. It is the most reliable and scalable form of clean energy Britain can get.
Currently, the UK is the most expensive place to build a nuclear power station on the planet, driven by our broken regulatory system, as the Review highlights. To take just one example: Hinkley Point C's price skyrocketed from £18 billion to £46 billion, and it will take 19 years to build, driven by the more than 7,000 design changes imposed by regulators mid-build, as well as legal challenges and other regulatory obstacles. Our system prioritises £100 million bat tunnels and £700 million fish discos above lowering energy bills for British businesses and households.
The Nuclear Regulatory Review 2025 has given recommendations to cut years off build times and billions off costs without compromising safety, including:
Creating a Single 'Commission for Nuclear Regulation' to replace the paralysis caused by multiple regulators making conflicting demands.
Defining 'Tolerability of Risk' so that costs of rule-making are not grossly disproportionate to risks, ending the current system that ratchets up infinite cost increases without any meaningful safety benefit.
Introducing a 'Nature Fund' for strategic nature recovery that replaces years of habitat surveys that delay construction.
When a reactor design has been approved, stop assessing the same design as though it is new on subsequent sites, enabling fleets of reactors to be built.
Stopping frivolous judicial reviews and preventing objectors from making multiple challenges, and allowing construction to continue while they are pending.
Please adopt all 47 of the review's recommendations in full. Time is running out to lower the cost of living and save British industry.
hh
Signed,
Matt Clifford, cofounder / Chair of Entrepreneurs First
Harry Stebbings, Founder 20VC
Marc Warner, CEO and co-founder Faculty
Harriet Green, Founding Partner, Basis
Alex Macdonald, Co-founder & CEO Sequel
Ben Guerin, Co-founder of Topham Guerin
Alan Chang, Founder Of Fuse Energy
Dr Walter Goodwin, CEO of Fractile
Liv Boeree, Host of Win-Win Podcast, Co-Founder of Raising for Effective Giving
Ari Helgason, Co-founder and General Partner, Transition VC
Philip Salter, Founder of The Entrepreneurs Network
Ali Afshar, CEO and Co-Founder of Mytos (YC S18)
Adam Hunt, Swiss National Science Foundation Fellow, University of Cambridge; Chair, Foundation for Evolution and Mental Health
Henry de Zoete, former AI Advisor to the PM and co-founder of Look After My Bills (YC W18)
Will Hodson, Co-founder of Look After My Bills (YC W18) and Energy Campaigner
Dr Lawrence Newport, Director and Co-Founder of Looking for Growth (LFG)
Giselle Gamble, Founder and Entrepreneur
Sam Bowman, Stripe
Rebecca Wray, Co-host of LFG Podcast, Advisor Engagement Analyst at Form1 Partners
Charlotte Pickles, Director of Re:State
James Gleave, Director of Mobility Lab
Philip Kelvin, Co-Founder Tranch (YC S22), Independent Councillor City of London
George Wade, CCO and Co-Founder of Zevero
Mandeep Singh, Founder and former CEO of Trouva and Angel Investor
David Sully, CEO and Co-Founder of Advai
Andrei Muntean, Software Engineer, Google
Miles Covers, Co-founder of Remedy
Julian von Nehammer, Revenue Leader
Sam Richards, CEO of Britain Remade
Eamonn Ives, Co-Founder, Liberal Digest; Research Director, The Entrepreneurs Network
Alex Marantelos, Co-founder and CEO of Intryc (YC S24)
Thomas Clarke, Lead for AI Safety Faculty
Jamie Rumbelow, Tech Lead, Tools for Humanity; Founder, Tract
Ben Johnson, Partner, Founding Team at Vitruvian Partners & TechNation Advisory Panel (2017-23)
Thomas Spencer, IPGL Limited
Chris Phippen, Director, Thinking Connected
Ella Kahn, MD at Apple Tree Literary
James Gozney, CEO & Founder, Aslan
Vittoria Braggion, Senior SDR, EngageTech
James Dacombe, Founder of Flux and CoMind
Jeremy Hindle, Founder of Custodian & Cloudline. Venture Partner at Founders Capital
Ken Hendricks, Cofounder & CEO of Basepilot
Phelim Bradley, founder & CEO, Prolific
Edward Druce, Former No.10 Special Advisor
Jon Williams, Founder and CEO, Allied
Lewis Gardner, Founder of Gamcap
Andrew Seddon, Founder and CEO, CircuitHub
Rory McMeekin, Co-founder of Kenobi.ai
Christopher Mjelde, Co-founder of Kenobi.ai
Henry Palmer, Founder Lightridge VC
Chris Williams, Founder of Tiggo Care
Nirmesh Patel, Former Co-founder CCG.ai, Partner at Amino Collective
Christopher Kong, Co-Founder & CEO of Sarah AI (YC W26)
David Mlcoch, Co-founder & CEO of Asteroid
Ben Ball, Founding Head of Product, Allied
Mann Virdee, Senior Researcher, The Entrepreneurs Network; Adjunct Fellow, Council on Geostrategy
Maxwell Marlow, Director of Research at the YIMBY Initiative, and Director of Public Affairs at the Adam Smith Institute
Max Buchan, Founder & CEO, Valarian
Jof Arnold, Founder & CTO, Enginira
Marc Harris, Labour YIMBY
Mark McVitie, Labour Growth Group
Anguel Hristozov, Founder & CTO, Clidey
Will Mason, Co-founder & CEO, Infact
Novo Constare, Founder & CEO, Indeed Flex.
Jakub Langr, Co-Founder & CTO, Context Lane
Kaysan Nikkhah, Investor

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