Financial Times FT.com

British Energy hit by nuclear reactor faults

By Toby Shelley

Published: October 22 2007 08:20 | Last updated: October 22 2007 22:33

British Energy suffered another setback on Monday after it closed down two of its ageing nuclear reactors and delayed the restart of two more because of boiler problems, sending its shares down more than 8 per cent.

The closure affects about a quarter of British Energy’s nuclear-generated output, and led analysts to downgrade earnings forecasts.

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

Read this