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Why Britain privatised URENCO

The Downing of Flight 103 over Lockerbie: It was the Uranium, The Ecologist, Mystery continues to surround the 1988 downing of Panam Flight 103 at Lockerbie. Who did it, how, and why? UN Assistant Secretary-General and Commissioner for Namibia, Bernt Carlsson Died in the Crash By Patrick Haseldine, 7 Jan 14 “…….URENCO privatisation  On 22 April 2013, David Cameron’s coalition government announced plans to sell its share in URENCO – the uranium enrichment company owned by Britain, Germany and the Netherlands – unleashing a new wave of privatisations in an attempt to cut the public debt.

The UK government’s one-third share in URENCO could fetch up to £3bn, making it one of the biggest privatisations in the UK in years.

Headquartered in the semi-rural Buckinghamshire village of Stoke Poges – where, appropriately enough given its atomic plot the James Bond film “Goldfinger” was partly shot – URENCO has a 31% share of the world’s uranium enrichment market.

This provides the fuel for nuclear power utilities and URENCO has enrichment plants in the US and the three investor countries, including one in Capenhurst, Cheshire.

“It’s a ridiculous idea”, says the GMB union’s national secretary for energy Gary Smith, who earlier this week complained to The Independent of the prospect of the Chinese investing in the nuclear new-build programme. “We’re flogging off precious nuclear assets instead of developing a strategy around nuclear. It’s absolute madness.”

But there is a logic to the move: by privatising URENCO, the British government hopes to bring closure to the Lockerbie affair, and put a distance between itself and the Thatcher administration’s criminal behaviour in processing Namibian Yellowcake contrary to United Nations Council for Namibia Decree No. 1….http://www.globalresearch.ca/the-downing-of-flight-103-over-lockerbie-it-was-the-uranium/5364222

January 8, 2014 - Posted by Christina Macpherson | secrets,lies and civil liberties, UK