Financial Times FT.com

BNFL set to sell nuclear clean-up business in parts to avoid delay

By Rebecca Bream

Published: August 23 2006 03:00 | Last updated: August 23 2006 03:00

British Nuclear Fuels is planning to sell nuclear clean-up business British Nuclear Group in several parts following a dispute with the Nuclear Decommissioning Authority.

As part of the government's gradual sale of its nuclear assets the state-owned BNFL wanted to sell BNG along with a potentially lucrative five-year contract to manage the Sellafield complex in Cumbria, the biggest and most contaminated nuclear site. The contract could be worth about £1bn a year and would have been important in determining the value of BNG.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this