M

Member

Speaking in the House of Lords on 17 December 2024

Debate

Great British Energy Bill

Contribution

Amendment 50 calls for the inclusion of a statement of strategic priorities, which is vital for ensuring that Great British Energy operates with a clear sense of direction. This provision is crucial as it would offer transparency and accountability regarding how the company plans to spend £8.3 billion of taxpayers’ money. It is simply remarkable that the Government have failed to specify this in their Bill, especially considering the scale of public investment at stake. This amendment, much like Amendment 73, provides an important opportunity to shape the direction of this new body, ensuring that it serves the public good and not simply political interests.

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