Sellafield Ltd, the company responsible for safely delivering decommissioning, reprocessing and nuclear waste management activities on behalf of the Nuclear Decommissioning Authority, currently operates under ownership of private sector Nuclear Management Partners. NMP has invested £22.5 million into West Cumbria’s economy over the last five years, hugely benefitting the West Cumbrian community. However, the owners of Sellafield now have to decide whether to run the site under the private sector consortium for another five years, and there is speculation that Sellafield might be nationalised again.
Report of re-nationalising Sellafield Ltd has sparked community fears over the future level of funding that the local area would receive from the nuclear industry. The old nationally run model was nowhere near as beneficial to the community as the current privately run one. If it was re-nationalised sponsorship and funding into local ventures is likely to be significantly minimised as it will be highly unlikely that the government will see investing into Cumbria the best thing to do with taxpayer’s money.
Gerard Richardson MBE a local businessman and founder of legendary Whitehaven Festival attracting around 250,000 visitors to West Cumbria every year and giving a huge boost to businesses and the community is concerned. NMP have been a main sponsor of the event. “The Festival would never have developed in the way it has over the last 5 years had it not been for the tremendous support shown by NMP. They cover nearly half the cost of the whole event.”