The head of an environmental think tank says Toshiba's financial troubles mean the nuclear development in Cumbria should be shelved.Read the full story ›
Market traders are still unsure about what Brexit will mean... but many have already had to deal with rising costs.Read the full story ›
The news could have major implications for the Moorside development in Cumbria.Read the full story ›
Former energy minister Chris Huhne has called on the government not to allow subsidies for the nuclear industry.
Since leaving Parliament, Huhne has forged a career as an energy expert.
He was commenting on the termination of a multi-billion-pound nuclear contract, due to a botched tendering process.
No subsidies for nuclear. That was the coalition government policy. It should be the policy again but the government seems to be relenting and saying 'no, maybe we should give a few subsidies', and it's opening the door to exactly a repetition of the sort of disaster that we see today.
It is genuinely the case that for example in Sellafield where there are a lot of research facilities, and which accounts for about 70% of the cost of total decommissioning, a lot of things were thrown away in the 1950s in the urgency to generate plutonium for the atom bomb programme, as well as generating electricity.
Those things weren't properly logged. We don't know what's in the silos, and therefore you need to have a really extensive investigative programme to find out what the problems are before you can clear them up.
And if you find out they are worse than you could conceivably have expected, that's going to cost more money, so that's basically what's been happening, and we've got this enormous increase in the cost of clear up.
Nuclear Decommissioning Authority forced to end huge contract nine years earlyRead the full story ›
The Japanese company has delayed announcing its financial results for the second time, adding uncertainty over the future of Moorside.Read the full story ›
Canadian company, CCL Industries, has completed the purchase of Wigton-based firm Innovia Group of Companies (Innovia) for the total of £694million (1.14billion Canadian dollars).
The acquisition was first announced in December.
We are extremely pleased to welcome the employees of the Innovia Group of companies to the CCL family.
Innovia employs 1,200 people globally and more than 600 at Wigton, where it manufactures the polypropylene film for used in the new £5 bank note.
CCL Industries employs more than 20,000 people in 35 countries.
ITV Border has been given exclusive access to the most hazardous building in western Europe, to see a new 360-tonne machine.Read the full story ›
The Finance Secretary announced the move to address concerns about the impact of a business rates increase on pubs and hotels.Read the full story ›
Finance secretary Derek Mackay is to address MSPs on the issue of controversial business rate changes.Read the full story ›