UK PUBLIC CAPITAL MONITOR
← Back to Research hub
UK institutions and system

Sizewell C

Independent scrutiny
Authors
House of Commons Public Accounts Committee
Publisher
House of Commons
Read publication ↗

What it examines

The committee questions whether government control over Sizewell C matches the risks borne by taxpayers and electricity consumers. It calls for six-monthly reports to Parliament, clearer cost and risk information, and stronger government shareholder capability. The report examines existing government financing, including lending through the National Wealth Fund.

Why it matters

Direct scrutiny of accountability for a major financing arrangement involving the National Wealth Fund. The government’s stake in Sizewell C is held by DESNZ. The report does not announce a new NWF investment or change ownership of the Fund.

Published on 28 October 2026. The financing arrangements discussed pre-date the report.

Institutions and themes

National Wealth FundGovernance and accountabilityCapital, funding and riskImpact and value for money

Catalogue entry reviewed 29 Oct 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.