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