14-02-2017 15:14 via uk.news.yahoo.com

Moorside nuclear project in doubt after Toshiba writedown

By Susanna Twidale and Karolin SchapsLONDON (Reuters) - The future of Britain's new Moorside nuclear plant was thrown into doubt on Tuesday after Japan's Toshiba Corp , which is developing the project with France's Engie , said it planned to pull out of the construction work.Toshiba, which earlier delayed reporting its earnings, posted a $6.3 billion (£5 billion) hit to its U.S. nuclear unit, Westinghouse."Toshiba will consider participating in the (Moorside) project without taking on any
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