Toshiba warns over its survival as it forecasts £7bn losses

Crisis creates concern about future of UK’s Moorside nuclear plant, in which subsidiary Westinghouse is a key playerToshiba, one of the biggest names in consumer electronics, has warned it is facing annual losses of more than £7bn and the future of the company is in doubt as a result of financial turmoil at its nuclear power plant construction business.
The Japanese company finally released third quarter results, after twice delaying publication while auditors attempted to quantify t