1 week ago
Hitachi may suspend all construction work on the Wylfa Newydd plant in the UK.
The nuclear plant facility was a “major project with significant economic benefits to Wales and the rest of the country”, according to a statement from the Welsh government.
Brexit has escalated concerns over construction costs, leading the Nikkei Asian Review to speculate in a report that Hitachi’s board would confirm suspension of all further work next week.
Shares of Hitachi jumped 8% after the report.