Government Departments: Communication with Industry and Commerce Debate

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Department: Department for Business, Energy and Industrial Strategy

Government Departments: Communication with Industry and Commerce

Lord Wigley Excerpts
Monday 14th November 2022

(2 years ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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I agree with the noble Lord on the importance of our world-class business and professional services in the City of London. Perhaps he can have a word with his noble friend about the importance of these industries to the country. Of course, we will continue to liaise with all City firms; we will not always agree on everything, because appropriate regulation is important, but we will continue to liaise with them.

Lord Wigley Portrait Lord Wigley (PC)
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My Lords, in view of some of the speculation that took place soon after the new Government came in about their commitment to nuclear power, will the Minister confirm that they are committed to it, particularly to the SMR programme?

Lord Callanan Portrait Lord Callanan (Con)
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I am happy to give the noble Lord the commitment he seeks. Nuclear power will be an important component of our energy infrastructure and it is also important that we continue to invest in the SMR programme.