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Unite statement on Toshiba’s finances and the Moorside...

Unite statement on Toshiba’s finances and the Moorside nuclear site

11 April 2017

Unite national officer for energy Kevin Coyne said (Tuesday 11 April): “The latest news about the very poor financial health of Toshiba raises further concerns about its involvement in the construction of the Moorside nuclear power station in Cumbria.

“This follows hard on the heels of the Toshiba-owned Westinghouse Electric Company, due to supply the three AP1000 reactors for Moorside, applying for Chapter 11 bankruptcy protection in the US.

“Unite renews its call to the business secretary Greg Clark to step in and pledge public investment to ensure that the project goes ahead on schedule, as Toshiba is in deep financial trouble and has a big question mark over its future.

“The importance of Moorside can’t be underestimated as it is expected to generate 20,000 highly skilled jobs during its construction and when it is up-and-running – and also supply seven per cent of the UK’s electricity needs from 2025.

“Unite has repeatedly warned the government that ‘the lights could go out’ in the future without a coherent, joined-up energy policy."

ENDS

Notes to editors:

For more information please contact Unite senior communications officer Shaun Noble on 020 3371 2060 or 07768 693940. E mail: shaun.noble@unitetheunion.org

  • Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.