NEWS
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CHANCELLOR AND ED MILIBAND VISIT CVE
In June, the chancellor of the exchequer, the Rt Hon Rachel Reeves, and the secretary of state for energy security and net zero, the Rt Hon Ed Miliband, visited Cambridge Vacuum Engineering (CVE) in Waterbeach to see its Ebflow technology in action. The visit saw the ministers learn about the electron-beam welding technology’s potential to transform manufacturing timelines and reduce costs for the UK’s next-generation nuclear power infrastructure. The visit came ahead of the government announcing investments in the Sizewell C nuclear power station and the results of its Great British Nuclear (GBN) Small Modular Reactor (SMR) competition – an initiative to select and support the deployment of SMR reactors across the UK.
ISSUE 2 | BUSINESS EDITION | 05
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