By Daniel Hunter

John Longworth, Director General of the British Chambers of Commerce (BCC) believes that the new nuclear power plant to be built at Hinkley Point will play a vital role in UK's energy security.

"After months of uncertainty, British business will be pleased that negotiations for the UK's first new nuclear power plant in decades have been successfully concluded," he said.

"Nuclear power is a critical part of the UK's future energy infrastructure mix, and will help ensure our businesses have access to secure sources of energy in the years ahead. Businesses in Somerset and beyond will be a vital part of the supply chain opportunities on offer.

"This is a major step towards ensuring nuclear power continues to play a vital role in the UK's future energy security, but it is only one step. Dithering by successive governments has meant that this vital project, like so many before it, will end up costing the Exchequer and consumers far more than needed.

"Britain must adopt a comprehensive, long-term strategy to guarantee the security of our energy supplies. Only then will we see both certainty for investors and affordable energy for consumers. More politicking will only run the risk of the lights going out."

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