(1 year, 10 months ago)
Commons ChamberAs the hon. Lady will know, I am of course very concerned about the Liberty Steel position, and I am working very closely with it and everyone else involved. There has been £18 billion of support to business, and we have just announced a further £5.5 billion specifically on energy bills. On energy-intensive industries, there is further support through an 85% measure, which we are also reviewing to take up to 100%. We will work very closely with the company, and I will undertake to work, with my Ministers, with her as well.
Does my right hon. Friend agree that, in addition to the excellent solution proposed by my hon. Friend the Member for Darlington (Peter Gibson), now is the time for the Government to exploit this country’s technological lead, and build a fleet of small modular nuclear reactors as part of our Great British Nuclear programme? While I am at it, is it not time that the Labour party apologised for 13 years of bone-headed hostility to any new nuclear power in this country?
I think it is fitting if I start with the apology, because I inadvertently airbrushed my right hon. Friend out of a picture on Twitter last week. I think my team were confused: I simply told the team that he needed hair brushing, not airbrushing. No one did more to progress space than my right hon. Friend as Prime Minister, and although the space launch was not successful last week, I know it is the start of a very important new sector for this country.
On my right hon. Friend’s point about small modular reactors, he is absolutely right. We will be announcing the creation of Great British Nuclear very shortly, and small modular reactors—Rolls-Royce and the others—will play an amazingly important part in this nuclear mix, which will get us back up to 25% of our power being from nuclear.