Watchdog investigates Tory peer over nuclear firm’s meeting with minister
theguardian.comPublished: 5/28/2025
Summary
The House of Lords has launched an investigation into Lord Duncan of Springbank after allegations he may have improperly facilitated a meeting between a government minister and Terrestrial Energy's CEO. The meeting was reportedly arranged by Lord Duncan despite his role as an adviser to the company since 2020, who provided share options instead of payment. The investigation centers on whether he violated parliamentary rules about seeking profit from parliamentary advice. Lord Duncan denies breaching rules and claims offering share options is standard practice with uncertain outcomes.