(7 years, 7 months ago)
Lords ChamberI am not quite clear whether the noble Lord is announcing yet another Labour Party policy: that in future, Polaris submarines will, instead of firing Trident missiles, be plugged into the national grid, but it is something to conjure with. In principle, the way that the grid will be supplied in future will enable those supplying it, whether through SMRs or other ways, to be properly remunerated.
(7 years, 8 months ago)
Lords ChamberMy Lords, the noble Baroness is absolutely right. The link between employee engagement and performance, however you measure it, whether in productivity or quality, is proven, so engagement is extremely important. However, I do not believe that just having someone on the board of a company is necessarily the right way of getting that engagement, as the noble Baroness mentioned. Engagement is much deeper than that. It is predominantly the responsibility of individual companies to tackle this. You can see the resulting performance when they get it right.
My Lords, I have just come from a meeting of the Institution of Engineering and Technology at which it launched its report Skills and Demand in Industry. The one thing it pointed out to everybody was that only 9% of technology and engineering staff are women, yet 15% of them graduate from our engineering schools and in my own university of Cambridge the figure is over 20%. What are the Government doing to ensure that more women become engineers in industry and participate in it, especially through the apprentice route?
It is interesting that only 15% of women graduate in this subject. In the case of medicine, for example, the figure is now well over 50% and is nearly 60%. It is a very good question. Interestingly, I went to Rolls-Royce last week and met a number of apprentices there, some of whom are doing degree-level apprenticeships. That may be one way of increasing the number of women going into this area. It has been a problem for many years and we are only in the foothills of cracking it.
(7 years, 10 months ago)
Lords ChamberI agree with my noble friend that security of supply is of paramount importance and that we will continue to rely on gas and, to a declining extent, coal in future. Of course, nuclear will form an increasingly important part of our baseload.
My Lords, can the Minister reassure us that the Government are going ahead with the small modular nuclear reactor competition that was announced some time ago?
My Lords, I am aware of the small modular nuclear reactor programme. I will have to write to the noble Lord to tell him where we have got to in that process.