The United Kingdom and the United States are preparing to sign a landmark agreement designed to fast-track the development of nuclear power. The deal, expected to be sealed during President Donald Trump’s state visit this week, is projected to create thousands of jobs while strengthening Britain’s energy security. Both governments say it could also unlock billions of dollars in private investment.

Prime Minister Sir Keir Starmer hailed the initiative as the beginning of a “golden age of nuclear,” saying it would put both nations at the forefront of global innovation.

Officials argue that expanding nuclear power will help lower household energy bills, drive job creation, boost energy security, and provide a critical tool in tackling climate change.

The new agreement—formally called the Atlantic Partnership for Advanced Nuclear Energy—aims to cut red tape and speed up approvals for nuclear projects. Licensing periods, which can currently take up to four years, would be reduced to just two, making it quicker for companies to design and build new power stations in both countries.