Tepco to receive £8bn injection

Tokyo Electric Power (Tepco) shareholders voted yesterday to approve the Japanese government’s 1 trillion yen (£8bn) capital injection, to avert the collapse of the utility in the aftermath of the Fukushima nuclear crisis. The capital injection will hand control of Tepco to the government. It brings total state support for the company to 3.5 trillion yen since the reactor meltdowns at the Fukushima Daiichi plant, which were triggered by last year's earthquake and tsunami.