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CLG Breaking News and Commentary

Nuclear storage clean-up bill could cost £70bn

February 4, 2013 by legitgov

Nuclear storage clean-up bill could cost £70bn 04 Feb 2013 Britain is storing an "extraordinary accumulation of hazardous nuclear waste" in "outdated facilities" which will cost nearly £70bn to clean up, MPs have warned the Government. Almost all of the major nuclear-decommissioning projects at the Sellafield complex in Cumbria are behind schedule and many of them are over-budget according to a Parliamentary inquiry into Britain’s "failing" nuclear-reprocessing industry. Nuclear executives seconded from private companies are being paid "huge salaries", averaging £690,000, by the taxpayer without any pay caps. One director was paid just over £1.2m, the report says.

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