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British government now being urged to guarantee Moorside nuclear funding

text-my-money-2The Moorside nuclear complex (Image: Nugen)Government urged to guarantee Moorside nuclear funding, text-relevant ITV.com, 3 Feb 17     The Government is being urged to step in and guarantee funding for a new nuclear power station after Japanese giant Toshiba said it was reviewing its investment in overseas nuclear projects.

The GMB union said ministers should take urgent action to secure the development at Moorside in Cumbria.

The future of the planned £10 billion power plant has been thrown into doubt after Toshiba said it was reviewing its overseas nuclear business.

Toshiba owns Westinghouse, the American-based nuclear developer whose AP1000 nuclear reactors are set to be used at Moorside……http://www.itv.com/news/border/2017-02-03/government-urged-to-guarantee-moorside-nuclear-funding/ 

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February 4, 2017 - Posted by | business and costs, politics, UK

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