The UK Atomic Energy Authority is seeking a purchaser for up to 100% of the issued share capital of UKAEA which provides nuclear decommissioning, waste management and site environmental remediation services and nuclear new build support services under contract both in the UK and overseas.

The Government has indicated that it would consider retaining a stake in UKAEA Limited.

Secretary of State for Business, Peter Mandelson, said: "As the UK moves towards an era of nuclear new build, this sale will increase efficiency, competition and value for money for the taxpayer in the decommissioning and clean up work of old nuclear power stations"