Fracking Company Cuadrilla Continues to Lose Millions, Accounts Show

Despite the government’s best efforts to boost the industry, fracking remains an expensive business in the UK.

Fracking company Cuadrilla operated at a £3.4m loss over the course of 2016, its latest accounts show. That makes the company about £1m less well-off than a year before, and returns it to the same level of loss it experienced in 2014.