Nuclear Power: Investment

Jeremy Corbyn Excerpts
Tuesday 10th June 2025

(3 days, 12 hours ago)

Commons Chamber
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Ed Miliband Portrait Ed Miliband
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My hon. Friend puts it incredibly well. Derby should be incredibly proud of Rolls-Royce winning the competition, and incredibly excited about the possibilities for young people in Derby and across the wider region. Now we must ensure that, working with Rolls-Royce, we deliver on that promise, and that is what we intend to do.

Jeremy Corbyn Portrait Jeremy Corbyn (Islington North) (Ind)
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The hon. Member for Waveney Valley (Adrian Ramsay) asked perfectly reasonable and pertinent questions about the cost of this whole project. Is there a private finance initiative element involved, and what will it cost? How ultimately will we dispose of the nuclear waste, and who will pay the decommissioning costs in 60 years’ time? The nuclear industry does not have a great record on strike price, decommissioning costs or the cost of dealing with waste.