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Speech in Public Bill Committees - Tue 16 Nov 2021
Nuclear Energy (Financing) Bill (First sitting)

"Q Michael?

Michael Waite: With AP1000, we can benefit from a global fleet effect. We have four operational reactors, which are breaking national and industry records. Two are approaching completion of construction, commissioning and fuel load in the US, and will bring a tremendous number of lessons learned and …..."

Virginia Crosbie - View Speech

View all Virginia Crosbie (Con - Ynys Môn) contributions to the debate on: Nuclear Energy (Financing) Bill (First sitting)

Speech in Public Bill Committees - Tue 16 Nov 2021
Nuclear Energy (Financing) Bill (First sitting)

"Q Thank you for mentioning Wylfa. David?

David Powell: It is pretty much the same, but we are clearly developing our BWRX-300 to be a global SMR technology. We are already working with several countries, looking at the first deployment of that. We also see the UK very high …..."

Virginia Crosbie - View Speech

View all Virginia Crosbie (Con - Ynys Môn) contributions to the debate on: Nuclear Energy (Financing) Bill (First sitting)

Speech in Public Bill Committees - Tue 16 Nov 2021
Nuclear Energy (Financing) Bill (First sitting)

"Q We had some great news regarding SMRs last week, in terms of Government support and attracting private capital. What do you think the RAB model will do in terms of reducing our reliance on overseas investment?

David Powell: I think it provides more opportunity for UK investors to …..."

Virginia Crosbie - View Speech

View all Virginia Crosbie (Con - Ynys Môn) contributions to the debate on: Nuclear Energy (Financing) Bill (First sitting)

Speech in Public Bill Committees - Tue 16 Nov 2021
Nuclear Energy (Financing) Bill (First sitting)

"Q Thank you. Julia, on the impact of RAB on our dependence on overseas investment, you know the Chinese very well through China General Nuclear.

Julia Pyke: I think that having a stable CPI-linked project will make it possible for UK financial investors. That is a great thing; …..."

Virginia Crosbie - View Speech

View all Virginia Crosbie (Con - Ynys Môn) contributions to the debate on: Nuclear Energy (Financing) Bill (First sitting)

Speech in Public Bill Committees - Tue 16 Nov 2021
Nuclear Energy (Financing) Bill (First sitting)

"I have a last question if I may...."
Virginia Crosbie - View Speech

View all Virginia Crosbie (Con - Ynys Môn) contributions to the debate on: Nuclear Energy (Financing) Bill (First sitting)

Speech in Public Bill Committees - Tue 16 Nov 2021
Nuclear Energy (Financing) Bill (First sitting)

"Q Michael, what have you learned from your experiences of other countries’ financing, and how can you relate that to the RAB model?

Michael Waite: We are currently very active in the Czech Republic, Poland, Ukraine and so on. Those nations predominantly have either majority Government-owned utilities developing nuclear …..."

Virginia Crosbie - View Speech

View all Virginia Crosbie (Con - Ynys Môn) contributions to the debate on: Nuclear Energy (Financing) Bill (First sitting)

Written Question
Housing: Ynys Môn
Friday 22nd October 2021

Asked by: Virginia Crosbie (Conservative - Ynys Môn)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what (a) financial and (b) tax incentives he has put in place to enable the conversion of the 23 per cent of homes in Ynys Môn constituency which are heated by oil to the renewable liquid fuel HVO.

Answered by Helen Whately - Shadow Secretary of State for Work and Pensions

Biofuels such as liquid fuel hydrotreated vegetable oil (HVO) may play a role in future off-gas-grid decarbonisation. However, further evidence is needed to consider the extent of this. The Department for Business, Energy and Industrial Strategy will publish a new Biomass Strategy in 2022, which will review the amount of sustainable biomass the UK will have access to, including liquid biofuels, and how this could be best used across the economy to achieve our net zero target.

As part of the Net Zero Strategy, the Government announced the new £450 million Boiler Upgrade Scheme to support the uptake of heat pumps

The Government keeps all taxes under review, and any changes are made in the round at fiscal events.


Written Question
Wines: Excise Duties
Thursday 23rd September 2021

Asked by: Virginia Crosbie (Conservative - Ynys Môn)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what plans he has to introduce a small wine producers duty relief for small vineyards in the UK similar to the small brewers relief.

Answered by Helen Whately - Shadow Secretary of State for Work and Pensions

The Government is considering the merits of extending small producer reliefs to other categories as part of its alcohol duty review. Further updates will be provided in our response to the alcohol duty review call for evidence in due course.


Speech in Commons Chamber - Tue 21 Sep 2021
Working People’s Finances: Government Policy

"This debate is all about jobs. Does the Minister agree that the reopening of the Amlwch jobcentre will ensure that my constituents across Ynys Môn get access to hundreds of new jobs?..."
Virginia Crosbie - View Speech

View all Virginia Crosbie (Con - Ynys Môn) contributions to the debate on: Working People’s Finances: Government Policy

Written Question
Coronavirus Job Retention Scheme: Travel
Tuesday 14th September 2021

Asked by: Virginia Crosbie (Conservative - Ynys Môn)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of extending the Coronavirus Job Retention Scheme until April 2022 for the travel industry; and what additional steps he is taking to provide ongoing support to the travel industry.

Answered by Jesse Norman - Shadow Leader of the House of Commons

The Coronavirus Job Retention Scheme was designed as a temporary, economy-wide measure to support businesses while widespread restrictions were in place. Closing the scheme at the end of September is designed to strike the right balance between supporting the economy as it opens up, continuing to provide support and protect incomes, and ensuring that incentives are in place to get people back to work as demand returns.  This approach has worked; the OBR have estimated that without the short-term fiscal easing announced in the Budget, and in particular the CJRS extension, unemployment would have been about 300,000 higher in the fourth quarter of this year than the 2.2 million in the central forecast.

The Government recognises the particular challenges that the travel industry has faced as a result of COVID-19. In England travel agents have recently benefited from Restart Grants worth up to £6,000, and can continue to benefit from the £2 billion of discretionary grant funding that has been made available to local authorities in England through the Additional Restrictions Grant (ARG). Furthermore, the travel sector is being supported with over £12 billion that has been made available through loan guarantees and support for exporters. In addition, airports continue to benefit from the renewed Airport and Ground Operations Support Scheme announced at Budget.

The Global Travel Taskforce (GTT) report sets out a clear framework for the Government’s objective of establishing a safe and sustainable return to international travel, which is key to enabling the sector’s recovery. It has been created following extensive engagement with the international travel and tourism industries, and changes following the recent checkpoint review of the GTT are a vital step in enabling the recovery of travel operators and those whose jobs rely on the travel industry.

The Government has shown throughout the pandemic that it is prepared to adapt support if the path of the virus changes. It continues to engage closely with sectors across the economy, including the travel industry, in order to understand their recovery horizons as the vaccine is rolled out and restrictions ease.