The UK government yesterday announced a new approach towards management of radioactive waste pollution created in the early years of the country's civil and military nuclear programme. Virtually all of the government's civil nuclear liabilities - estimated at over UK£40bn (euros 64bn) - are to be transferred from state-owned nuclear firm BNFL and the UK atomic energy agency to a new Liabilities management agency. The move follows the revelation that, following a reassessment of its long-term liabilities, BNFL was technically bankrupt. The firm strongly welcomed the government's move. See UK industry ministry press release.
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