Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract Energy Rolls-Royce’s special purpose vehicle for nuclear energy has secured a major win after locking down a multi-billion pound deal to build small modular reactors in Sweden. The FTSE 100 giant’s small modular reactor (SMR) unit, which is co-owned by Czech power company CEZ, designs and delivers factory-built nuclear power plants. Rolls-Royce SMR was selected by Swedish [...]
Rolls-Royce: FTSE 100 giants shares eye all-time high in tariff comeback Markets Shares in aerospace giant Rolls-Royce were back on the march to an all-time high after a tariff salvo from the US sent the City giant’s stock tumbling. The FTSE 100 titan’s stock was up 1.6 per cent to 1,250.50p on Tuesday morning, making it one of the top risers on the blue-chip index. The Derbyshire-headquartered [...]
Reform government would partially nationalise Rolls-Royce through ‘strategic stake’ Politics A Reform government would partially nationalise Rolls-Royce as a quid pro quo for helping it ramp up its small modular reactor (SMR) nuclear programme “as fast as it possibly can”, its policy chief has said. In a wide-ranging interview setting out his party’s plans for the UK economy, Zia Yusuf told City AM that Reform [...]
Rolls-Royce: Losses widen at FTSE 100 giant’s SMR division October 6, 2025 The small nuclear reactor business owned by FTSE 100 giant Rolls-Royce lost £115m in 2024, it has been revealed. Rolls-Royce SMR, which is not yet revenue generating, has posted the higher losses after also making a deficit of £78m in 2023. New accounts filed with Companies House have also shown that the division’s income from [...]
Rolls-Royce: FTSE 100 shares spike as expectations beaten July 31, 2025 Shares in Rolls-Royce have spiked after the FTSE 100 giant revealed better-than-expected interim results. The Derby-headquartered group confirmed its underlying pre-tax profit had jumped from £1.03bn to £1.68bn in the first six months of its financial year while its underlying operating profit grew by 50 per cent from £1.14bn to £1.73bn. Rolls-Royce’s underlying revenue rose [...]
Rolls-Royce: Shares in FTSE 100 firm jump on SMR news June 10, 2025 A division of Rolls-Royce has been selected to be the UK’s provider of small modular reactor (SMR) technology. Rolls-Royce SMR, which is co-owned by the FTSE 100 giant and Czech power company CEZ, has been successful in the Great British Nuclear (GBN) competition following a two-year process. Following the news, shares in Rolls-Royce rose on [...]
US start-up to invest £300m in micro-nuclear plants in South Wales October 15, 2024 A US start-up has announced plans to invest £300m in developing a series of cutting edge micro-nuclear power plants in South Wales. Last Energy intends to bring into service four micro-modular nuclear units on a vacant site in Bridgend Country, which housed the coal-fired Llynfi Power Station until 1977. It estimates the project will create [...]
Rolls Royce closes in on European nuclear reactor deals as UK process delayed September 22, 2024 Rolls Royce is closing in on two deals to build miniaturised nuclear power plants in Sweden and the Netherlands after a successful deal with the Czech Republic announced last week. Rolls-Royce boss Tufan Erginbilgic had warned that the firm would start building small modular reactors (SMRs) in Europe should UK ministers fail to speed up [...]