Oral QuestionTreasury

“What assessment she has made of the potential impact of reducing upfront Venture Capital Trust (VCT) Income Tax relief on VCT fundraising.”

Tabled: 17 June 2026Answered: 23 June 2026

Asked by

Alan Mak

Conservative — Havant

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

Ed Miliband

I agree with the right hon. Gentleman. Nuclear is an essential part of the energy mix. We are mainly going to have a renewable system, but nuclear is an essential accompaniment. I fully support all the projects he mentions.