Hinkley Point C

Lord King of Bridgwater Excerpts
Tuesday 26th June 2018

(5 years, 10 months ago)

Lords Chamber
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Lord Henley Portrait Lord Henley
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My Lords, again, there is no lack of clarity on this. The Statement made five years ago—“all those years ago”, as the noble Lord put it—made it absolutely clear that the approximately £128 million which was likely to come through business rate retention would come after the plant became operational. Meanwhile, there will be the benefits that I enunciated, which will come through the company building this project. On top of what I already mentioned, there is the spend it is making down the supply chain in the west of England—£450 million so far. So considerable benefits are already on their way, but business rate retention does not come into play until later.

Lord King of Bridgwater Portrait Lord King of Bridgwater (Con)
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My noble friend will be aware that this is taking place in my former constituency. It is one of the largest construction projects in Europe. People there are already facing fantastic lorry traffic: a figure I saw recently was 750 lorries a day going along not entirely ideal road routes. The local community is already making a substantial contribution by tolerating this terrific volume of construction traffic and all the work involved in it. My concern—the noble Baroness, Lady Featherstone, made this point—is that I understand that the real community benefit does not kick in until 2025. Actually, the community is making its contribution now. A lot of people do not have jobs there and will not be working there—some will, but only a relatively small number. We ought to find some way to ensure that the community benefit takes place at the time when the community is really suffering as a result of the present commotion and activity.

Lord Henley Portrait Lord Henley
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My noble friend, with his local knowledge as the former Member for that area, knows exactly what his former constituents are going through, and he is right to address those points. All sites of this sort go through a rigorous planning process. In that process, it is possible for the planning authorities to grant planning permission through a Section 106 agreement, looking to get benefits from the developers in that area. That has been dealt with by the local authority in that process.

On top of that, as I made clear in earlier answers, there are also the advantages to the area through spend in the area—I mentioned the spend directly on the site, on the roads and on other things, the contribution that EDF is making, as well as the spend on the supply chain in the entire south-west region.