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Conclusions from this section

·

UK Coal plc are still accumulating losses, possibly up to £115m for the last financial year.

·

This is at a time when the demand for coal for generating purposes is at a low point, with stocks of coal at power stations the highest they have been for 16 years.

·

The ‘material uncertainties’ surrounding UK Coal plc might result in the Government failing to attain its goal of ensuring Economic Security.

© Stephen Leary

UK COAL plc: AN ALTERNATIVE REPORTPAGE 32

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