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Hitachi to ask UK for further funding as nuclear project stalls

Company struggles to find other Japanese parties willing to invest

Britain's Prime Minister Theresa May attends a press conference at 10 Downing Street. Allocating more funds to the Hitachi project could prove difficult for the embattled leader.   © Reuters

TOKYO -- Hitachi will ask the British government for additional support for a nuclear power project in Wales as it struggles to recruit other Japanese investors amid international headwinds for atomic energy.

The company will consider scrapping the project, worth more than 3 trillion yen ($26.6 billion), should negotiations with London fail to reach a conclusion by January.

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