I agree wholeheartedly with my hon. Friend that this is common sense. The Opposition argue that we are being presumptive, but we are just being thoughtful in ensuring that things are in place to ensure a smooth passage.
As has been said, this is about soft collaboration. It is an important opportunity to reiterate that the Government’s aim is to ensure that collaborative research
and development continues, with close working relationships between universities, both in Europe and across the world, and other organisations.
It is clear that nuclear is a global industry, given the foreign investment in the UK nuclear industry from France and China. The issue is particularly pertinent in Suffolk, with EDF and Sizewell C due to come on stream. It is for that reason that our future relationship with the European Union is so important to understanding the future of the sector in the UK, as well as what it will mean for jobs, skills and businesses.
I am reassured by the Bill’s commitment to maintaining our current safeguards and standards under Euratom. By leaving those unchanged, the UK can guarantee a close working relationship with the Euratom community and those further afield. That is a wise decision to ensure close working with our natural partners, as my hon. Friend the Member for Cheltenham (Alex Chalk) and others have said.
Closer to home, Sizewell C on the Suffolk coast is under consideration, having completed stage 2 of the consultation process. Its potential is huge: it could power 6 million homes with clean, affordable nuclear energy and create 26,000 jobs and apprenticeships in the region. It would be at the cutting edge of the UK nuclear industry and receive significant international investment. That point was ably made by my hon. Friends the Members for Fylde and for Copeland (Trudy Harrison), who stated that the nuclear industry gives nearly £1 billion to the UK economy. It is important that we acknowledge its monetary significance.
West Suffolk College in my constituency is a national centre for nuclear and it is preparing for Sizewell C. East Anglia is fast proving its worth as a crucial region for skills, research and innovation, with Cambridge sitting at its heart.
I appreciate that the Bill does not cover EU research funding, but given that we are discussing the UK’s nuclear industry, it would not be amiss to remind the House that the UK is a world leader in the most promising nuclear fusion technologies, which is not something on which we intend to compromise on Brexit. As my hon. Friend the Member for Fylde has said, we could be a world leader and it is important that we have the appropriate safeguards in place. That is why a smooth transition, which is contingent on continuity for the sector, is so vital.
The UK wants to explore ways in which continued collaboration, including in nuclear research and training, can be taken forward. For a vibrant region such as East Anglia, that is crucial not just for the possibility of major nuclear investment on our coast, but so that any investment opportunities are not lost on Brexit. Part of that understanding is that all our obligations on safeguards are met. We need to ensure that all systems are transparent and accountable with regard to material and how it is kept.
I will close my speech with two wider points thrown up by the Bill, and I hope the Minister will respond to them when he sums up the debate. On nuclear safeguarding in our communities, what assessment has he made of the role that my outstanding West Suffolk College and other colleges could play as centres of learning for any nuclear engineering apprentices working on my coastline
and others, including Hinkley and the north-west? How will safeguards be built into that training? How will we future proof those people whom we will employ in the industry? How does the ONR cascade information through this system? Hinkley Point is a crucial model to learn from for future nuclear projects in the UK, especially in relation to its funding models.
As we leave the European Union, the need to draw skills and jobs to keep our nuclear sector vibrant becomes arguably more urgent, as my hon. Friend the Member for Bolton West (Chris Green) said. That includes those whose skills lie in repositories. We must ensure that we are scoping for the skills needed as we withdraw from Euratom so that we have, as this Bill states, a seamless continuation of the high standards of this industry, and the UK maximises and, as the Secretary of State said, even raises the standards within the IAEA.
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