Nuclear Power: Investment

Louise Haigh Excerpts
Tuesday 10th June 2025

(3 days, 13 hours ago)

Commons Chamber
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Ed Miliband Portrait Ed Miliband
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On the latter point, yes, I can assure the right hon. Gentleman of that. He asks a typically astute question, if I may say so. The truth about these technologies, I think, is that the answer is both. We cannot really make a judgment about this until we see the SMR programme developed. The SMR programme offers something that has eluded nuclear for a long time, which is modularity and replication, and that, as we know from other technologies, is the way to bring down costs and speed up delivery. There is huge potential in both, but large-scale gigawatt can also play an important role.

Louise Haigh Portrait Louise Haigh (Sheffield Heeley) (Lab)
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I warmly welcome the SMR announcement, which is great news for Sheffield as Rolls-Royce is already doing significant work at the Advanced Manufacturing Research Centre. When I met Rolls-Royce recently, it said that 70% of its bid could be built and produced in Great Britain. How will the Government hold Rolls-Royce to account for that and ensure that the announcement delivers great jobs and great investment right across the UK?

Ed Miliband Portrait Ed Miliband
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I thank my right hon. Friend for her incredible advocacy on this issue, including at the AMRC. She makes such an important point: this will be taxpayers’ money, and we need to ensure that as much as possible is built in Britain. I make absolutely no apologies for saying that. The answer to her question is that as we negotiate terms with Rolls-Royce over the coming months, that will be a key part of our discussions.