Are not future rip-offs very likely, given the extraordinary deal on Hinkley Point nuclear power station which guarantees compensation to a French Government-owned company if British Government energy policy changes at any time over the next 35 years? Will the Secretary of State give us a promise of full transparency on the conditions of that extraordinary deal, so that we can know who is deciding it? Will it be decided by Parliament or by the Government in a private deal, in secret, with a nationalised company?
I disagree with the hon. Gentleman’s analysis of the impact of the nuclear deal, and actually he is disagreeing with his own Front-Bench team, who welcomed the deal. We have said in the Energy Bill and I have said at the Dispatch Box that we will be transparent. When the final investment contract is signed, which we expect to happen halfway through next year, it will be published, making it the most open and transparent nuclear deal done by any Government in history, not just in this country but across the world. He ought to welcome that.