Announcement

Statement on Urenco

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Policy and ownership responsibility for the UK shareholding in Urenco has transferred.

Policy and ownership responsibility for the UK shareholding in Urenco has transferred from the Secretary of State for Energy and Climate Change to the Secretary of State for Business, Innovation and Skills.

This parallels other recent moves to consolidate government shareholdings within the Shareholder Executive under the Business Minister Michael Fallon and will strengthen the ability of the Government to utilise commercial expertise in the future management of its Urenco shareholding, including in the ongoing work on a possible sale.