Update from Lords
statement on Brexit (Update)
of Kentish Town
(Lab):...A financial deal will need to be made, a deal
that some will not like no matter how good it is, so why put it
off for fear of their wrath at such cost to everyone else? Every
industry, as well as agriculture, consumers, patients, doctors,
lawyers and investors, says that we must end this uncertainty.
Just this morning I met representatives from Rolls-Royce who told
me how key it is that we can trade freely with the EU. We might
make the best aircraft engines, but they include parts from the
EU, use the skills of people from the EU, and sell within the EU
when complete, as do 90% of Toyota cars made here. Their reps
were telling me this morning that non-tariff barriers, rules of
origin certificates and so on are as challenging as tariffs if we
leave the customs union.
Meanwhile, Rolls-Royce and other companies are highly dependent
on our participation in the European Aviation Safety Agency, but
they are hearing nothing from the Government as to what they want
in that regard—as with other vital agencies, such as Euratom and
the European Medical Agency. I even read talk of us coming under
the US Food and Drug Administration in Maryland—or la-la
land...
To read all the exchanges, CLICK
HERE
Extract from Lords
debate on Nuclear Research and Technology (Science and
Technology Committee Report)
(Lab):...An important part of the Government’s response
is their outline proposal that the UK should start soon on a
programme of constructing small modular reactors, such as
the Rolls-Royce proposal for constructing
about 10 400-megawatt nuclear fission devices, pressurised water
reactors, which could be operational in about five years. Sites
have been specified and identified, some of which are in critical
parts of the UK, where the northern powerhouse could participate.
The UK’s construction of submarines, which is where this
technology was developed, involved stressful conditions, ensuring
that these reactors will be very reliable. I understand that
already some overseas countries are expressing interest in buying
UK-proposed SMRs...
To read the whole debate, CLICK
HERE