BNFL boss gets £15,000 boost

THE chairman of British Nuclear Fuels, the state-owned company that runs the Sellafield plant, has been re-appointed to his post and given a £15,000 pay rise.

Hugh Collum, 62, will continue in the job for a further two years from October, at a new salary of £165,000.

BNFL is this week expected to announce record losses of £2bn following a sharp rise in the company's liabilities for decommissioning its nuclear sites.

Trade and Industry Secretary Patricia Hewitt said she was delighted that Mr Collum had agreed to remain as chairman, adding: 'Hugh has re-built the board and steered the company through difficult times'.

The minister said the recently announced restructuring of the industry should position BNFL well for the future.

The Government announced earlier this month that BNFL's decommissioning liabilities are to be transferred to a new Liabilities Management Agency.

Mr Collum is also a non executive director of Safeway, Whitehead Mann Group and Celltech Group.