Financial Times FT.com

Tories attack plans to sell off UKAEA unit

By Ed Crooks and Jean Eaglesham

Published: March 31 2009 04:20 | Last updated: March 31 2009 04:20

A sell-off of the UK Atomic Energy Authority’s commercial nuclear clean-up business was announced by the government on Monday, prompting Conservative accusations of a “fire sale”.

The privatisation of some or all of UKAEA Limited is expected to raise about £50m ($71m) for the government, and represents one of the final sales from Britain’s state-owned nuclear industry.

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