Meeting of the Parliament 24 June 2026 [Draft]
Okay—thank you, Presiding Officer.
Of course, it is undeniable that new nuclear will create jobs. Give me £400 billion and I could create jobs in marine energy, supply chain development, manufacturing, greater energy efficiency installation, carbon capture, pumped storage hydro and battery storage. Jobs in all those areas could be created for that sum of money.
The reality is that, if nuclear were so cheap, dependable and deliverable, there would not be the failed market system that exists in the UK. It seems ironic to me that the biggest free marketeers in the Parliament—the Tories and Reform—are the biggest cheerleaders for the billions of pounds of subsidies for nuclear and the many false dawns and promises. Our position is vindicated.