(6 years, 6 months ago)
Commons ChamberLast week, I hosted the first cross-border Severn growth summit in Newport. More than 350 people attended the event, all looking to strengthen the economic links between south Wales and the south-west. Through our industrial strategy, we want to build on this cross-border collaboration and help create prosperous communities throughout the whole of Wales.
Every “Gavin and Stacey” fan knows that the journey from Essex to Wales involves the most expensive toll bridge charges in the country, so I am delighted that this Conservative Government have removed the burden of crossing the border for tourists, businesses and commuters generally. Will my right hon. Friend tell the House how he intends to capitalise on that wonderful news?
I am grateful to my hon. Friend for reminding us of that iconic “Gavin and Stacey” scene where Smithy is struggling to get into Wales because he has to pay the £6.70 toll charge to cross the bridge. I would point out to my hon. Friend that tolls have been reduced by 20% in the interim, and by the end of the year they will be abolished. That will be one of the biggest stimuluses for the Welsh economy in decades. It will provide the opportunity for more and better-paid jobs, and a £100 million boost to the Welsh economy. This is an opportunity for the south-west of England and south Wales to come together as an economic powerhouse to provide better opportunities in the western side of the UK.