Cumbrian nuclear backer results 'to be signed off'
Cumbrian new nuclear backer Toshiba is set to have long-awaited results signed off by its auditor, with criticisms, according to new reports.
The Japanese giant owns NuGen, which has plans for a £10bn power plant in Moorside, near Sellafield.
It was due to publish results in February but these have been delayed with multiple deadlines missed. Unaudited accounts have forecast a £6.5bn loss.
Toshiba's woes stem from part of its nuclear operations.
In January the company announced its US subsidiary, Westinghouse Electric, which was originally part of BNFL, may have overpaid - by several billion dollars - for another nuclear construction and services business.
Japan'spublication has said that auditors PwC Aarata will sign off the accounts with an adverse opinion on the company's internal governance expressed.