The auditors of British Nuclear Fuel’s Sellafield complex have cleared the company of losing nearly 30kg of plutonium, enough to make several nuclear bombs.
The UK Atomic Energy Agency Authority said the loss was due to ‘uncertainties inherent in the measurement systems used to produce basic data’. It added that ‘there is no evidence to suggest that any of the apparent losses reported were real losses of nuclear material’.
BNFL claimed that some years had shown a gain in radioactive material, rather than a loss.
It said ‘Negative numbers do not mean material has disappeared; positive numbers don’t mean material has been created. These uncertainties exist in all industrial processes,’ reported the Financial Times.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned