§ Mrs. Liddell
As shareholder, we have made clear to the new Chairman and Chief Executive that substantial changes are needed in the way in which BNFL manages and runs its business. The Chairman is conducting a fundamental review of management and the Chief Executive is looking at the company with a fresh perspective. Our joint aim is to ensure that the company is able to meet the very real challenges it faces with its customers, the regulators, and others, and can emerge 39W strengthened and able to play its role as a major global nuclear company. We are determined to build on the relationship that has been developed with the company during the PPP process. We will be considering with them their new Corporate Plan on which they are currently working and will ensure that the performance targets set for the company continue to be rigorous, demanding and regularly monitored.