(6 months, 1 week ago)
Public Bill CommitteesQ
Sharon Brittan: I completely agree. May I just say that in football, generally it can be a non-trusted environment? I have a football manager who has stayed with me four years and who has turned down three jobs in the Championship that would have given him three times his salary. I have a CEO who has stayed with me three and a half years. I have built a team of trusted people, because we are working in a culture where everybody has bought into the journey to where this football club is going. You can see that after five years, we are a differentiator in what we are doing in Bolton, and if more football clubs worked in that way, I am absolutely positive that it would enhance the economy and life for the 65 million people who live in this country, and beyond. I am on a mission.
Q
Sharon Brittan: It is a very good question. Football has—or has had—a habit of bringing semi-maniac types of people to the table. I think it is driven by ego. In those situations, it comes down to the fit and proper persons test. The previous owner at Bolton spent £180 million. He was a very good man, but a huge amount of that was spent trying to get out of the Championship. If you have someone who is hellbent and comes in just wanting to spend, I do not know if you can actually stop that, per se.
Ian Mather: Can I come in on that point? I think real-time monitoring would have been really helpful with a lot of the problems we have seen with football; Bury was a really good example. You look back over time and you think, “Well, that wasn’t very good. In fact, it was terrible,” but that was years ago. Actually, the ability to look at what is happening in real time is really important.
I know one of the criticisms is that that will be an expensive item for small clubs. As a small club, our turnover is £7 million. Let me put that in perspective for you. We have a Man City supporter in the room; Erling Haaland earns about £7 million in eight weeks. That is equivalent to our turnover. Nothing in this Bill causes me any trouble at all about form filling or submitting accounts. If you want to see our accounts—they might be four weeks out of date, but that is as much as you are going to get—our cash flow forecasts, forecast profits and losses, which are done every month, or our business plan, that is not a problem. I would not buy the argument that this is all cumbersome and difficult, because it just is not. That sort of monitoring would have helped to prevent problems like Bolton, Derby, Bury and a whole lot of other clubs experienced..
(3 years, 2 months ago)
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It is a pleasure to serve under your chairmanship, Mr Betts, and to follow the hon. Member for Strangford (Jim Shannon), who has articulated so many of the arguments and points in this debate so well. It was a great pleasure to visit the constituency of my hon. Friend the Member for Fylde (Mark Menzies) to see the amazing facility at Springfields, and to get such a strong sense of how key it is—not just to our nuclear future, but in the framework of our energy future—and the importance of nuclear as a reliable form of energy. This, after all, is what the debate is about.
I not only met the organisation there; the National Nuclear Laboratory is sited there as well. I heard the powerful representations and views of the trade unions, Unite and Prospect. Their championing of the workers there, and the clear collaboration and close relationship between the management of the site, the workers and the union movement, is such an important thing for the future of any organisation. Working together is such a key part of the success and, hopefully, the ongoing future success of the site, but we need to understand what ought to be a fairly straightforward debate.
Fundamentally, we need clean, reliable and affordable energy to meet not only our current needs but our future needs as well. We do not know what the future will bring, but I would certainly like to see far more industry being located in Britain. China, India and many other countries around the world have been very competitive. We have been losing a great deal of heavy industry, and we need an energy supply that industry and heavy industry can use in an affordable way to be competitive with those countries, and with Germany as well. Germany is going down in terms of nuclear, but by doing so it is going up in terms of coal and other fossil fuels. That does not really fit in with what we normally hear about our European neighbours, which is that they are far more environmentally friendly than us. By turning their back on nuclear, they are embracing carbon emissions.
With our ambitions for COP26 and our leadership in this area, we ought to be looking at those sources of power that can reduce carbon emissions. It is the Government’s agenda; it is the international agenda. Nuclear is a key part of that, but we have to think about the steps that we need to take to get there. There was a bit of controversy recently about coking coal being produced in Cumbria rather than being imported for the British steel industry. It is so important that we take the effective and right judgments, and not only for the short term for British industry. Whether it is the Minister or the wider Government, we have to reassure industry and the nuclear sector that we have a future here, and will not export our industry overseas and feel good about exporting our carbon emissions to countries that perhaps have slightly lower expectations and standards than we do.
We need to support British manufacturing industry. We also therefore need to support reliable energy, baseload or firm energy, as I think the term is now, where we know, day or night, whatever the day of the year, we will have the energy that we need for industry and for homes—for cooking and for heating. We ought to be able to rely on that. As highlighted earlier this week in The Daily Telegraph, the UK produced a record of 14,286 MW of energy on 21 May, which is extraordinary, but earlier this week or last week we dipped down, just from wind, to 474 MW. That is not reliable energy that people wanting to keep a warm home in the middle of winter can rely on. It is not what industry can rely on, especially the steel industry. The next generation furnaces will be reliant on electricity. How can the steel industry run an arc furnace if it cannot rely on the energy supply?
It all goes together and the nuclear industry is key. This is technology that we have at the moment. We know how nuclear energy works. We know that we can produce stations that are reliable and cost-effective. We often hear about wind and solar energy, but there are significant technological problems with those forms of energy when it comes to providing firm energy. Until we have storage of that energy, so that when the peaks happen we can store the energy to take us through more difficult times, those forms of energy will not be as reliable as industry and homes need.
It is very positive that the Government have an increasingly strong hydrogen agenda. Again, that relies to a significant extent, it seems, on carbon capture and storage and that is not yet at scale or cost effective. Again, this is more technology that will probably be quite expensive and has not yet arrived. Perhaps in the longer term, we will need those technologies, but in the shorter term, we need more reliance on nuclear. That is where Springfields plays such a key part. It produces the fuels now and will produce the fuels in the future, but there is a short-term gap that needs to be bridged.
With more of our nuclear fleet being decommissioned in the very near future, we need to secure the future of the Springfields site. As My hon. Friend the Member for Fylde highlighted, we should perhaps renegotiate with the French nuclear industry to make sure that we can manufacture in the UK, perhaps under licence or whatever kind of relationship. We can do that. We also have the promise of massive investments in the nuclear fleet, because they are very expensive projects. That is some level of leverage we can use with the French, and I am sure we will be able to get a deal that ensures that we can keep those skills. That is such a key part: having Springfields there for the short, medium and longer term means we keep the skills in the United Kingdom.
Not only my hon. Friend but the team in Government and the COP 26 President have to have that ambition. We need to speak out more consistently. It is disappointing—I do not know how true it is—that the sense in Glasgow is that the nuclear industry is not being welcomed to participate in COP 26. It ought to be a key part of it. I hear the COP 26 President speak passionately on a regular basis about other forms of energy, but I do not hear the same passion about the nuclear industry. For the nuclear sector, for long-term investment, we need to hear far more about the British Government’s commitment to the sector—not just Springfields but the sector more widely—because that is what creates confidence. If people, whether from my constituency or more likely my neighbours’ constituencies of Fylde, Blackpool North and Cleveleys or even Preston, are to take up an apprenticeship, they must have confidence in the future. There are other companies—British Aerospace and others—that can take that talent, but Ministers need to give confidence to the next generation of engineers and scientists and other people coming through that this is a career for them.
We have to see the sector also within the framework of national security and strategic national interest. If we lose the skills and the businesses, it is very difficult if not impossible to bring them back. It is also a question of Hinkley C and the skills there. We need to have that certainty about building the rest of the nuclear fleet, when that is going to happen and what type of nuclear fleet we are going to have. If those engineers and that talent at Hinkley C do not have jobs to go to, they will use their talents in other projects around the country. When we get around to building the next nuclear power station, that talent will be gone. For reliability and effectiveness in terms of delivery, we have to secure that talent, just as we need to secure the talent in Lancashire. It ought to be seen as a key part of the levelling-up agenda, not just for championing Lancashire, the north west and the border, and the north of England, but even for Derby North. I do not know what kind of next-generation nuclear fleet we are going to have, but Derby is going to be a key part if we choose to have small modular reactors, perhaps of the Rolls Royce design. I am sure we have a strong voice in Government championing the cause. It would be lovely to hear it a bit louder.
Finally, but not least, Richard Graham. Just to say that we need to start the wind-ups at 3.28 pm at the latest.