Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Ian C. Lucas Excerpts
Tuesday 29th January 2019

(5 years, 9 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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My hon. Friend demonstrates ingenuity and she is absolutely right: the nuclear sector deal is very important.

Ian C. Lucas Portrait Ian  C.  Lucas  (Wrexham) (Lab)
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15.   Some £16 billion to £20 billion of private sector investment has been taken out of north Wales because of the suspension of the nuclear project. Will the Chancellor meet me and other MPs from north Wales to discuss the north Wales growth deal, which was put in place before that dreadful announcement?

Lord Hammond of Runnymede Portrait Mr Hammond
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Obviously, we are disappointed by Hitachi’s decision to suspend work on the Wylfa project, but we have not given up hope. It retains the site and we hope that the work we are doing on a possible alternative financing model may yet allow the project to go ahead, but I am very happy to meet the hon. Gentleman.