Japanese firm pulls plug on £15bn nuclear project in Cumbria

Japanese firm Toshiba has announced it is to pull the plug on the company set up to build a new £15bn nuclear power station in Cumbria. The tech giant has announced it is winding up Manchester based NuGen, its UK-based nuclear arm, after efforts to sell the business failed. Business leaders and the unions have criticised the Government for its handling of the project. The announcement is a serious blow to the UK’s nuclear sector and has left plans to build a new power station in Cumbria in serious doubt. NuGen, which em... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...