Oral Answers to Questions

Angela Crawley Excerpts

Tuesday 13th September 2016 Commons Chamber

[Greg Clark]

I made clear in my earlier answer that free trade is what we want to see in this country. In furthering our discussions not only with the leaders of the devolved Administrations but with our business investors around the world, we will ensure that the negotiating mandate we have is ambitious and will secure the brightest possible future for the whole of the United Kingdom.

[Angela Crawley (Lanark and Hamilton East) (SNP)]

2. When the Government plans to make a decision on the timetable for the development of Hinkley Point C.

[Tommy Sheppard (Edinburgh East) (SNP)]

4. When the Government plans to make a decision on the timetable for the development of Hinkley Point C.

[The Secretary of State for Business, Energy and Industrial Strategy (Greg Clark)]

I said on 28 July that the Government would carefully consider all the component parts of the Hinkley Point C proposed project before reaching a decision on whether to agree to the proposed contract for difference. We have been doing just that, and as the Prime Minister told the House last Wednesday, a decision will be taken this month.

[Angela Crawley]

On my recent summer surgery tour of my constituency, a number of constituents raised concerns about the cost to the taxpayer of the Hinkley Point C development. Barclays estimates that even if EDF delivers four years late and 25% over budget, it would still make a profit on the deal, with the deficit being picked up by ordinary people over the next 35 years. Does the Minister think that such a gratuitous public subsidy provides value for the taxpayer?