I put on record my thanks to my noble friend for the work he did with my noble friend Lord Livermore on the agreement for the Crown Estate Bill. Wales is at the forefront of our national mission to deliver economic growth and clean power by 2030. The Crown Estate has a key role to play in this and needs to understand and represent Welsh interests, which is why it is wonderful news that we will have a commissioner with special responsibility for Wales. This will deliver £1.4 billion of investment and secure 5,000 jobs.
The Minister speaks of respect and delivery and the advantage of having a Labour Government in both Westminster and the Senedd. Far from being hostile, the last Government promised that north Wales would get a new large-scale gigawatt nuclear power plant at Wylfa on Ynys Môn, powering millions of homes and creating thousands of jobs in the region. Will the Minister give the House a cast-iron assurance that this Government will do nothing to prevent or delay the delivery of the new nuclear plant at Wylfa?
The noble Baroness has a future Question on this issue and I look forward to discussing it again. We recognise that a nuclear future at Wylfa could help to deliver several of our strategic objectives, achieving net zero and energy independence and restoring economic prosperity across the region. Nuclear developments in north Wales will provide high-quality jobs across the region and drive economic growth. Great British Nuclear completed the purchase of the site in June 2024 and we hope to make further announcements on its future soon.
This is not a one-off conversation. We have regular conversations with the Welsh Government related to coal tip safety. This is an ongoing debate, and we have given this money because it is a national safety issue. We will continue to work with the Welsh Government to ensure that people in Wales are safe.
I too remember the Aberfan disaster, and my own childhood worries that the completely blameless hill behind my Welsh primary school might collapse on to my school one day, so I welcome the way in which the Government have listened to campaigners on coal tip safety, and the measures in the Budget—building, as they did, on our work as part of the joint task force. It is a good start. May I ask for the indulgence of the Minister, in the spirit of listening to campaigners for measures to increase investment in Wales: will she commit to helping to find new funding from the UK Government to make the M4 corridor around Newport a reality?
I thank the noble Baroness for her question—I think. Obviously, I do not have a response to that, but I will speak to Transport Ministers and come back to her.