Among its recommendations is a “one-stop” commission for nuclear decisions. The agency should have “unified” decision-making powers.

Taskforce chair John Fingleton said: “Our solutions are radical, but necessary. By simplifying regulation, we can maintain or enhance safety standards while finally delivering nuclear capacity safely, quickly, and affordably.”

The government is expected to address the report’s findings later this month in the Budget.

Several major economies are reassessing their nuclear strategies and expanding capacity.

The number of planned and proposed nuclear plants currently in the works is roughly equivalent to the number already in operation around the world.

The UK is among 30 other countries that have signed a global pledge to triple their nuclear capacity by 2050 in a bid to cut carbon emissions.

Britain’s existing nuclear power stations account for about 15% of the electricity generated in 2024.

The UK runs nine nuclear reactors but they are ageing, with eight set to shut by 2030.

New plants are being developed but they will take several years to come online.