AN international group of three firms has today been named as the preferred bidder for a massive multi-billion pound contract to run a huge UK nuclear site.

AN international group of three firms has today been named as the preferred bidder for a massive multi-billion pound contract to run a huge UK nuclear site.

US giant Washington International, Amec of the UK and French firm Areva beat three rivals to win the race to manage work at the huge Sellafield site in Cumbria.

The reprocessing and clean-up work will be worth £1.3 billion a year, generating estimated profits of £50 million a year.