Hitachi to drop plan to build nuclear plant in Britain

TOKYO - Hitachi Ltd. has decided to withdraw from its 3 trillion yen ($28 billion) plan to build a nuclear power plant in Britain, sources familiar with the matter said Tuesday, with additional support from the British government to continue the project looking unlikely.The project to construct two nuclear reactors on the island of Anglesey in north Wales was suspended in January 2019 due to difficulty in securing funds.The decision is expected to be finalized at the company's board meeting to be held in the near future, the sources said.The freezing of the plan was an effective exit, but …READ FULL ARTICLE