Westminster Scotland Wales London Northern Ireland European Union Local
ePolitix.com

 
[ Advanced Search ]

Login | Contact | Terms | Accessibility

British Energy 'facing administration'

Today's FT reports that troubled nuclear power generator British Energy is increasingly likely to be put into administration as it struggles to meet financial commitments.

A review of the company's figures indicates that it could cost taxpayers more to subsidise the company in the private sector than to put it into administration, according to officials.

Meanwhile, there was more discomfort for the nuclear industry as two BNFL transport ships carrying rejected plutonium fuel from Japan were confronted by a flotilla of protest boats in the Irish Sea yesterday.

The ships docked in Barrow in Furness in Cumbria this morning.

Published: Tue, 17 Sep 2002 01:00:00 GMT+01

» FURTHER READING

FT - front page | Guardian - page 3 | Independent - front page, page 4 | Times - page 5 | Telegraph - page 2 | Mirror - page 2 | Express - page 27 | Mail - page 17