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Toshiba seeks financial help with £8bn UK nuclear project

Discussion in 'Market News' started by Lily, Dec 10, 2015.

  1. Lily

    Lily Forum Member

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    Japanese technology firm in talks with financial institutions to support atomic construction programme after share price tumbles

    Toshiba, the technology company at the centre of plans to build more nuclear reactors in Britain, is looking for outside help to fund its £8bn programme after a collapse in its share price.

    The Japanese group is in talks with local financial institutions to support the construction of an atomic plant near the Sellafield facility in Cumbria, after running up losses following an accounting scandal.

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