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British Energy

Volume 475: debated on Thursday 15 May 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform what recent discussions he has had with UBS on the sale of British Energy. (204289)

UBS has been engaged by BERR to advise on the process of new nuclear build in the UK, including acting as financial adviser on the Government's strategy in relation to its stake in British Energy. It would not be appropriate for me to comment on the details of discussions.