§ Lord Williams of Elvel
asked Her Majesty's Government:
Whether they received any advice from their financial advisers warning them that nuclear power was unsaleable during the past year and, if so, when such advice was received.
§ Viscount Ullswater
The Government have received commercially confidential advice from their financial advisers as the electricity privatisation programme has proceeded. As the Secretary of State for Energy explained in his statement of 9th November in another place, the Government decided to retain nuclear power within the public sector after balancing the interests of the taxpayer, the consumer and the shareholder.