Oral Answers to Questions Debate

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Department: Wales Office

Oral Answers to Questions

Chris Ruane Excerpts
Wednesday 4th March 2015

(9 years, 8 months ago)

Commons Chamber
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Alun Cairns Portrait Alun Cairns
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My hon. Friend makes an extremely important point. Many of the people who are scaremongering now are the same people who wanted to join the euro all those years ago. It is this party that stands up for the British economy and stands up for businesses, exactly as the British Chambers of Commerce, the CBI and Airbus say in the quotes I have given.

Chris Ruane Portrait Chris Ruane (Vale of Clwyd) (Lab)
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13. [907780] In 1998, I was successful in persuading my right hon. Friend the Member for Neath (Mr Hain) to accept Denbighshire and Conwy into the bid for objective 1 European funding. In that time, Denbighshire has had a quarter of a billion pounds of private sector and public sector funding from Europe. If Britain pulls out of the EU, my constituency and my county will lose £100 million over the next seven years. What does the Minister feel about that?

Alun Cairns Portrait Alun Cairns
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May I remind the hon. Gentleman that European structural funds are aimed at the poorest parts of Europe? It is no mark of celebration to say that his constituency succeeded in winning that money. This Government have a long-term economic plan to turn the economy around for the longer term rather than depending on the grants and handouts for which he makes the case. He also needs to be reminded that that is our money coming back with conditions attached.