Member

First, there is no question about it: we will ensure that there is a framework document for Great British Energy that sets out the shareholder relationship and governance between the company and its shareholder, the Department for Energy Security and Net Zero. I fully accept that this is important; it is a well-established governance document for public bodies, with the required content set out by His Majesty’s Treasury publication Managing Public Money. It will include topics such as the roles and responsibilities of the responsible Minister, the principal accounting officer, the accounting officer of Great British Energy and the board of Great British Energy. It will also cover the governance structure, requirements for reporting and information sharing, and financial responsibilities and controls.